Scroll listing Token on Binance criticized as “kneeling before CEX”, losing decentralization

The Scroll project, an Ethereum Layer 2 solution, has recently officially listed on the centralized cryptocurrency exchange Binance, which has sparked debates in the cryptocurrency community about the issue of centralization. The announcement of the listing on October 11 was welcomed due to its potential to drive development, but some members of the community have expressed concerns about the partnership with Binance and its potential impact on Scroll's decentralization efforts. Zeng Jiajun, an Ethereum supporter, expressed disappointment and asked: "Imagine if Vitalik Buterin had to pay 5.5% to OKX when the OKX CEO refused to list ETH. I like all the members of the Scroll team, but kneeling before CEXes is truly disappointing." Jiajun believes that Scroll may have had to compromise or comply with the demands of a large and centralized organization like Binance, which could go against the decentralization principles that many cryptocurrency projects pursue. Others have argued that Binance should not be the first exchange to list Scroll, arguing that if the chain has enough activity and users, Binance will naturally list it without the need for collaboration. Scroll co-founder Ye Zhang said that the partnership with Binance is part of a broader strategy to expand the project's ecosystem, especially in emerging markets. "I don't consider the partnership with Binance as 'kneeling' before a CEX; it's a strategic decision to build partnerships to enable broader development and support. However, it was indeed a difficult decision." Zhang also emphasized that Binance will facilitate user transfers in and out of the Scroll network through on-ramp and off-ramp services. "If we want to build a truly competitive global ecosystem that can compete with TRON in these markets and attract a diverse range of users to the Ethereum ecosystem, collaborating with powerful CEXes is crucial." He also addressed concerns related to token distribution, stating that the allocation in the launch phase comes from the ecosystem and growth portfolio, ensuring that the community Airdrop is not affected. Join Telegram: https://t.me/tapchibitcoinvn Follow Twitter (X): https://twitter.com/tapchibtc_io Follow Tiktok: https://www.tiktok.com/@tapchibitcoin Itadori According to Cointelegraph