quick shot
- Web3 culture and the importance of experienced professionals
- Growth areas of the BNB Chain
- Polygon’s BNB Chain Competition
- The Question of Centralization and BNB Chain’s Decentralization Efforts
- BNB Chain Developer Community and Competitive Advantages
- Greenfield: a decentralized storage infrastructure
SlateCast Episode 53 with Alvin Kan of BNB Chain
In a recent episode of the Slate Cast podcast, Alvin Kan, Director of Growth at BNB Chainsat down with CryptoSlate’s Akiba to discuss Web3’s unique culture, BNB Chain’s growth areas, and its multi-chain strategy.
BNB Chain has quickly established itself as a major player in the world of Web3, with a focus on creating a more accessible and decentralized financial infrastructure. This conversation offers a fascinating insight into the vision and approach of BNB Chain and sheds light on the challenges and opportunities in the space.
Web3 culture and the importance of experienced professionals
One of the key points of the conversation is Kan’s description of Web3 as “casual but hardcore.” This dichotomy is a reflection of the informal and laid-back nature of cryptoculture and the importance of the technology and expertise that underpins it. Kan stresses the need for business structures, risk management, and partnerships to ensure scalability and growth while acknowledging the persistent focus on innovation and improvement that characterizes the Web3 space.
Kan’s experience on both Web2 and Web3 gives him a unique perspective on the growth of BNB Chain, which is an EVM-compliant chain focused on financial infrastructure and social media. As director of growth, Kan is focused on expanding the BNB Chain’s DeFi infrastructure, which he sees as a core component of any chain’s ecosystem.
Growth areas of the BNB Chain
As for the competition, Kan is optimistic about the possibilities for collaboration in the space. Rather than view other networks as direct competitors, he sees the potential for growth by bringing more users to Web3. BNB Chain’s multi-chain strategy, including EVM Main Chain, Governance Beacon Chain, ZK BNB Chain, and the recently announced Greenfield chain for decentralized storage, reflects this approach by offering developers a range of options to build and experiment in the space.
The Question of Centralization and BNB Chain’s Decentralization Efforts
Of course, no conversation about BNB Chain would be complete without addressing the question of centralization. Kan stresses that decentralization is a journey and range rather than a binary state and that BNB Chain is actively working to increase its set of validators and further decentralize. While Nakamoto’s score currently places BNB Chain somewhere in the median, Kan stresses that the team is passionate about continuing to decentralize and improve the network.
They also explore the benefits of centralization in the early stages of a project and how it can point you in the right direction. Kan believes that BNB Chain is the world’s largest and Finance is part of that ecosystem. He points out that BNB Chain operates quite independently from finance and that BNB Chain is influenced by its validators and the community.
BNB Chain Developer Community and Competitive Advantages
They also discussed the growth of the BNB Chain developer community, the increased interest of developers in other chains, and the competitive advantages that attract developers. One of the most exciting aspects is Greenfield, a decentralized storage infrastructure that is part of the broader BNB ecosystem.
Greenfield offers easy and user-friendly APIs, which are very close to the UX developers and users are used to, and seamless integration between BSC and Greenfield. Other upcoming opportunities include new ecosystems and opportunities, complementing the existing depth and various BNB Chain developer programs and support.
Overall, the conversation between Akiba and Kan offers a fascinating insight into the culture and growth of Web3, as well as the unique approach and vision of BNB Chain. Listeners will gain a deeper understanding of the challenges and opportunities in the space, as well as a greater appreciation of the importance of innovation, collaboration, and growth.
