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Binance Series Of Tweets Hint At The Launch Of Binance Chain

18 April 2019 09:04, UTC
Just a few hours ago, a rather vague message appeared in the official Binance account on Twitter, hinting at the launch of a new blockchain, “the birth of a new genesis block.” Presumably, the exchange refers to its previously announced Binance Chain network, which houses its own decentralized exchange (DEX) and BNB cryptocurrency.

Three hours later, a new short tweet appeared on the web, hinting at the “evolution of the exchange.” It is not yet clear whether the platform intends to launch a full blockchain, which is primarily centered around simple asset transfers and token issuance, and DEX on the same day; the genesis block is eventually set for today, while nothing is known about the other events.

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In a recent interview at the Paris Blockchain Conference, Binance CFO Wei ZHOU said that the company intends to launch the platform “by the end of the month” along with the mainnet of Binance Chain. He added that his company was “almost there, very close” to revising their own business model with new developments. Thus, after more than 10 months of waiting, users will finally get access to a sustainable DEX backed by one of the biggest names in the industry.

Image from BinanceTwitter account