Binance just announced that their token BNB will get its own blockchain.
binance image.png

This news just announced a couple hours ago. Here is a link to the Binance News Feed
https://support.binance.com/hc/en-us/articles/360001668872-Binance-Chain

Binance Coin (BNB) will be upgraded to exist on its own blockchain mainnet, becoming a native coin. At the same time, Binance will transition from being a company to a community.

The value of BNB has jumped immensely after the news release. Here is a screenshot of BNB coin
binance BNB.jpg

Here is a link to @binanceexchange where there is rebroadcast of the article.
https://steemit.com/cryptocurrency/@binanceexchange/binance-chain

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If Binance decides to go the POS route where BNB holders validate transactions, BNB might turned out to be an even better investment than OMG.

So many people hating on Binance, because of the exchange rates, but in my opinion Binance still is the best and safest Crypto Exchange around at the moment. Really good news, for all Binance supporters!

you create some great information...i like it..and waiting for your next post

Wow it's great news and BNB future is going to high level after this.

Binance Coin is the digital currency of Binance stage. This is the only exchange stage for the cryptographic form of money. The name Binance is a mix between spouse and back.In this way, the name of the startup shows that there is no single form of digital money that can be exchanged with each other. The stage makes colossal progress in a short span and centered around the whole market with China's central station. The digital currency currently has a market capital of between 180-218 million US dollars, of which 18-35 million US dollars are exchanged from day to day.

Binance uses the standard ERC token 20 from Ethereum. BNB should be delivered as needed. half of the coins sold in ICO, 40% went to groups and 10% speculators. Speculators who buy very expansive coins without a moment's delay. The coins can be used to pay Binance trade costs. This includes exchange fees, exchange fees, post fees and etc.Binance gives you a major rebate when fees are paid on BNB compared to BTC.

In the first year of utilization, there was a 50% reduction over all costs, in the second year there was a 25% discount, in the third year there was a 12.5% decline, in the fourth year there was a 6.75% rebate and from the fifth year onwards there was no price reduction. This structure is used as a force that motivates clients to buy BNBs and exchange in Binance trade. @socky

Really interested in what they're going to be doing with it. I was hoping to jump in and get more BNB right after the announcement but it shot up pretty darn fast.

But if they move to a decentralized approach it could help with some of the upcoming regulations that are bound to be happening soon. I wonder if that's the push.