MultiversX Tracker is Live!

Staking BNB : Are any of 21 validators able to freeze/block my BNB for whatever reason ?

Binance

Cryptocoins Exchanges / Binance 125 Views

Binance is a centralized blockchain and there is only 21 validators,and most of them are in connection with Binance .

When staking BNB using trust wallet ,after choosing the validator, can the validator freeze/block our staked BNB for whatever reason if Binance or a legal enforcement decides to do that?

Technically,is it possible for any of binance validators (tw,bscscan,fuji,certik etc) to block the staked amount ?

submitted by /u/artisticPretzels078
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments