An Ethereum based layer-2 solution Scrollcaused centralization discussions in the crypto world after it was listed on the centralized cryptocurrency exchange Binance. Although the listing, announced on October 11, was praised for providing growth opportunities for the project, it brought criticism about cooperation with central structures. Many people raised the question of whether the project compromised the principles of centralization.
Sharing on the X platform, Zeng Jiajun said that Scroll Binance He evaluated the agreement with the company as “submitting to the central stock exchange” and emphasized that this move was a difficult decision, while noting that it could pose a risk for the future of the project in the long term.
co-founder of Scroll Ye Zhang He defended the cooperation with Binance and underlined that it is a part of the global growth strategy. Zhang stated that they took such a step especially to expand into emerging markets. He also said that Binance will facilitate users’ fund movements on the Scroll network thanks to its on-ramp and off-ramp services.
Some users argued that Scroll should grow organically instead of this collaboration and Binance should list the project on its own. These criticisms strengthened the views that the project should stay away from centralization.
In response to these criticisms, Zhang stated that the support of exchanges such as Binance is vital to create a strong ecosystem and attract different user audiences. Addressing concerns about token distribution, Zhang announced that the airdrop to the community will not be affected.
