The adoption of Binance Smart Chain is in my view pivotal in the history of crypto. This is the first time a chain besides Ethereum has found genuine adoption. It shows which properties lead to adoption, and reveals a multi-chain future may become a reality. Let's explore.
2/ Since Binance's inception, @binance and @cz_binance stated that they want to explore decentralized solutions for trading. Back in 2019, the first steps were taken to realize this vision through Binance Dex.
3/ Though Binance Dex had some adoption, it didn't take off. This was largely due to the lack of generealized smart contracts, lack of tooling, lack of product-market fit and probably also just due to the overall bear market.
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