To Binance and BNB Chain In the world of cryptocurrencies, Binance is undoubtedly a name that cannot be ignored. As a leading global cryptocurrency trading platform, Binance has not only changed the industry landscape, but also injected continuous vitality into the entire blockchain industry through technological innovation and ecological construction. However, as an ordinary user who has been deeply involved in BNB Chain (formerly BSC) since 2021, I have witnessed its glory and silence, as well as experienced hope and disappointment. Writing these words is not only a summary of the past, but also an expectation for the future. 1、 The Golden Age of BSC The BSC (Binance Smart Chain) in 2021 is both crazy and beautiful. It has attracted countless users and developers with its low gas fees, efficient transaction speed, and rich ecosystem projects. In those days, Memecoin emerged like mushrooms after rain, BabyDoge、FLOKI、 Wait... behind every name is the carnival and faith of the community. As an early player, I made money on BSC and witnessed the strong vitality of the community. These projects may be labeled "foam", but they really promote the activity of the chain and provide the underlying logic for BNB's value capture - there are no users and builders, and the public chain is just a string of code. 2、 From "BSC" to "BNB Chain": The Loss and Rebirth of Ecology In 2023, BSC will be renamed BNB Chain, but the vitality of the ecosystem is gradually diminishing. The once popular projects have fallen silent, there are few new projects, the on chain transaction volume has shrunk, and the voice of the community has been ignored. As an old user, I once chose to leave until the recent emergence of projects such as "Koma" made me refocus on this chain. However, the experience after returning was mixed with various flavors. 1. Testing tokens and Cheems: an experiment of magical realism When CZ personally stood up for a certain testing token, the community boiled over. But subsequently, Binance launched the token and its price plummeted, while Cheems, which was launched at the same time, stabilized its market value. This scene exposes two issues: Ambiguity of Listing Rules: Why Some Projects Can Skip Regular Review and Be Listed Quickly? Imbalance of Community Value: Why is a team that has long been deeply involved in BNB Chain not as valued as a "test token"? 2. CZ's "Broccoli Dog" Incident: The Trigger of Trust Crisis A tweet about dogs by CZ triggered a surge in the price of the same named token, and subsequent deletion of the reply resulted in a halving of the price. This' unintentional 'operation has made ordinary users victims of market manipulation. The words and actions of leaders have a fatal impact in the encrypted world, and without a sense of boundaries, it will hurt the trust of the entire community. 3. CZ has been online almost all the time recently: standing guard for the industry's downturn period In the Chinese/English section, we can always see CZ replying to tweets about BNB Chain. He also mentioned that he does not hold any MEME, but after all, his high location makes it difficult for him to get a closer understanding of the market. However, the only constant is that he is always there! 3、 What kind of BNB Chain does the user need? 1. Transparency and fairness: Listing rules should not be a "black box" Users are not against listing coins, but they are against "double standards". If VC coins and low market value projects can freely log in to Binance, why are many community driven BNB Chain native projects rejected? Transparent rules and open processes are the only way to quell doubts. 2. Ecological support: Developers are more important than "test tokens" The advantages of BNB Chain lie in high performance and low cost, but this requires real developers to fill the ecosystem. Instead of chasing short-term hotspots like Memecoin, it's better to establish a long-term incubation plan and reward teams that contribute to on chain TVL and user retention. 3. Community governance: Users are not "traffic fuel" The prosperity of BNB Chain cannot be separated from the community, but the current situation is that users' voices are ignored and decision-making power is concentrated in the hands of a few people. Introducing DAO governance mechanisms, regularly engaging in community dialogue, and publicly disclosing the details of ecological fund usage - these measures are necessary to truly make users feel 'respected'. 4、 Open letter to CZ and Binance team Dear CZ and First Sister As a BNB holder and veteran player on the chain, I still believe that Binance's original intention is to promote industry progress. But please be alert to the following issues: Be wary of the 'information cocoon': Have the executives and consultants around you truly conveyed the voice of the community? Are you wearing wolf clothes! Returning to the essence of technology: The competitiveness of BNB Chain should be based on technological innovation, rather than relying on the leader's "call out effect". Respect the community: Users are not "data", but living people. Their anger seems to be that they haven't made any money and have been deceived; The essence is the expectation and concern for the future of BNB Chain. MEME coin initially gained recognition from DOGE, then progressed to ERC, BSC, and finally SOL. I believe it truly has the strength and background, and what users hope to see is the rise of BSC! 5、 The core advantages and future expectations of Binance Despite controversy, the core advantages of Binance cannot be ignored: Global leading trading depth and liquidity: ensuring users can quickly complete trades under any market conditions, reducing slippage losses. Powerful technical strength: Binance's trading system can process millions of transactions per second and maintain stable operation even in extreme market fluctuations. Rich ecological layout: Binance has built a huge ecosystem covering multiple fields such as DeFi, NFT, GameFi, etc. through incubators, investments, and partnerships. In the future, if Binance and BNB Chain can regain their original intention, truly listen to the voice of the community, and promote transparency and fairness, I believe they will surely usher in new glory. I am writing this article not to attack anyone, but because I still have expectations for BNB Chain. The former BSC taught me that the charm of blockchain lies in equality and openness. If one day BNB Chain can regain its original intention, allowing the voice of every ordinary user to be heard and the efforts of every builder to be seen, that will be the true "Nirvana". @cz_binance @heyibinance