news.u.today
On Saturday, September 21, a hot discussion appeared on Twitter, as the founder and CTO of DigiByte Coin (DGB), Jared Tate, claimed that the Binance team had again refused to list DGB until DigiByte Coin pays $300,000 and 3 percent of the total coin supply for ”insurance for their customers against blockchain hacks & defects”.
Did a video call with the ”Binance” team a few weeks ago. They wanted $300,000 and 3% of all DGB for ”insurance for their customers against blockchain hacks & defects” to list $DGB. Told them that is not possible with a truly decentralized #blockchain like #DigiByte.
— Jared Tate (@jaredctate) September 20, 2019
The community has split: some are taking the side of Binance. Some are siding with DGB.
No cash, no listing?
In his tweet, the DGB founder states that during a phone conversation with him the Binance team asked for $300,000 and 3 percent of the total DGB Coin supply to get it listed on the exchange.
Jared Tate responded that, being a fully decentralized and transparent blockchain project, DGB does not have the necessary funds.
Binance’s CZ responded that he is not going to waste time, discussing this.
lol, interesting (in a fk'ed up way). I think he specifically does NOT want DGB listed on Binance.
— CZ Binance (@cz_binance) September 21, 2019
not gonna waste any time on these types of guys. There are more interesting things to do in life. Moving on...
Two years ago, the DigiByte Coin team won in a Binance listing poll and, allegedly, Binance also asked for a fee but DigiByte could not afford it.
2 years ago #DigiByte won a listing poll on @binance #DGB were then asked for a fee . #DGB same as #Doge have not got the funds to pay for listing @jaredctate & @cz_binance clashed.
— Andy Race (@Raceytherunner) July 5, 2019
2 years later #Doge added, no fee no argument. #Doge intergated #DGB to help Blockchain pic.twitter.com/xDUANSWPCq
The community’s response
In the comment thread, some users took the side of CZ. Some did not believe that Tate spoke to Binance in the first place. Others started rebuking him for making this conversation public.
You must realize cz is not interested in any trading fee profits from dgb. This is not what it is about. It was about disrespect. I can say with confidence even if there is $10m listing fee paid, CZ would decline it without hesitation. Professionalism and respect is important
— Tommy Mustache (@MustacheTommy) September 21, 2019
Do you think someone from the Binance team will be asking for a listing fee from dgb after what happened last year? Once again it is miscommunication and misunderstanding . Same story as in round 1 but people don’t learn for some reason. Learn to listen.
— Tommy Mustache (@MustacheTommy) September 21, 2019
Even though many sided with Tate, the DGB founder provided no evidence of this conversation with Binance taking place, suggesting the community should take his word for it.
While responding to tweets that were criticizing him, Tate offered the critics to pay for the DGB listing on Binance if they can afford it.
You want to pay for a listing? Go ahead. People have said DGB will die since 2014. If you really think one centralized exchange is the end all be all you need your head checked.
— Jared Tate (@jaredctate) September 20, 2019
Until there is a solid proof, the move could be a mere PR campaign for the DGB Coin, which is currently ranked 56 and is trading at $0.0080.
Even the controversial Crypto_Bitlord (the man who threatened to hardfork XRP) joined the discussion, asking CZ to clarify the FUD that the DGB founder was spreading.
Crypto_Bitlord has assumed that Tate was talking to scammers rather than the Binance team.
Yo @cz_binance is this true? Please address the FUD https://t.co/rgMMacSVod
— CRYPTO BITLORD (@Crypto_Bitlord) September 21, 2019
One Twitter user has written that CZ blocked Jared Tate on Twitter.
I'm pretty sure it's true, in fact @cz_binance blocked @jaredctate .
— Luffy (@Luffy52745638) September 21, 2019