According to ChainCatcher, Binance co-founder CZ reposted an interview on the X platform, saying that when BNB first started in 2017, it was just an ERC-20 token on Ethereum. Initially, it was used as a "chip" for financing. However, at that time, Binance considered creating its own blockchain, and it needed to be open and decentralized. It never imagined that it would develop into what it is today.
Over the past two years, I've been preoccupied with my US lawsuits and haven't invested much in BNB, nor have I increased my investment in the BNB chain. The community has thrived on its own, and BNB has held up well. Binance has increased its investment since this year, but even so, the BNB chain remains somewhat unfinished, and the ecosystem is still somewhat immature. Initially, some wanted to call BNB "Binance Coin," and indeed, that was initially the case. Later, they sought to shed the Binance label. Now, it's an independent ecosystem, evolving into multi-chain native assets like BSC, Greenfield, and opBNB, forming a financial ecosystem encompassing DEX, derivatives, lending, and stablecoins.
