The CEO of one of the world’s largest cryptocurrency exchanges delivered an unexpected compliment to his rival this week – but markets appeared unwilling to follow.
CZ Denies BNB Will ‘Devastate’ ETH
In a series of tweets April 22, Binance’s Changpeng Zhao (also known as CZ) called for tolerance of the various blockchain projects within the cryptocurrency industry.
Users, he said, should not single out specific coins for criticism in order to present others in a better light – including his own, Binance Coin (BNB).
“I like the positivity for (BNB), but we really don’t have to diss any other coin,” he wrote in response to another tweet which said Binance’s asset would “have a devastating effect” on largest altcoin Ethereum (ETH).
(ETH) can do much more than (BNB) in features. Let’s grow together[.]
While Zhao has become known for his unwillingness to take sides in championing one coin or another, his defence of ETH is especially conspicuous as the latter continues to struggle with publicity woes.