Raven Protocol is Joining the Binance Chain Movement

Raven Protocol
May 20, 2019 · 4 min read
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Dear Raven Protocol and Binance Community,

If you want to stay updated on the token launch, please let us know here: https://goo.gl/forms/gzcc7lAVGSvgwJ1x1

You might be thinking.. why Binance Chain?

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Binance Dex Command Line in August 2018.

1. Great execution by the Binance team

2. Easy for users to understand and use Binance DEX

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The on-boarding experience for Binance DEX is flawless. It took only a few minutes to create a wallet and start trading some MITH.

Our minds were blown by the ease of use. The majority of DEXs out there today have a bad UI, are confusing to use, and are super slow. That was not the case with Binance DEX. It was intuitive. It felt just like we were using Binance.com. And the transactions happened almost instantly (well I guess it’s one-second block times).

3. Easy to familiarize yourself with the chain

Issuing a token on Binance Chain is straight forward. Their documentation is really good. They have CLI tools to help you go from issuing a token all the way to listing it. Binance has created a way for any project to launch a token with minimal effort. It’s plug and play.

“We like this ethos. At Raven Protocol, we want to enable every single developer in the world to easily plug AI/ML into their applications. Binance’s pursuit for easy-to-use applications is in perfect alignment with Raven Protocol’s philosophy.”

— Sherman Lee, co-founder of Raven Protocol

The Binance exchange hack makes us want to support Binance Chain and Binance DEX even more

We believe the Binance DEX has the strongest chance of becoming the primary default exchange of choice for anyone looking to trade. We are excited to join hands with the Binance team. When CZ and the Binance team set their mind to something, they execute until it succeeds.

We believe the centralized Binance exchange will remain a significant platform for crypto users, but it still can be vulnerable to attack vectors. Hackers are smart and greedy. They will continuously try to exploit things.

Thus, Raven Protocol will support and grant RAVEN tokens to anyone who will build security and monitoring tools for the Binance exchange. Hint: Using AI/ML to study user behavior and patterns can prevent and detect hackers before they have a chance to withdraw any funds.

The Binance Chain Family. We’re not the only ones supporting Binance Chain and the BEP2 standard

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Quick catch-up with Nick White, co-founder of Harmony, who just recently announced their Binance Launchpad. They too are issuing a BEP2 asset. Binance Chain is growing stronger and stronger.

But please, let’s be patient. We are all in this together. This first batch of companies either migrating to or launching their tokens on Binance Chain are making history. We are pushing the industry forward into increasing decentralization.

“We’re excited to have great projects like Harmony, Red Pulse, Mithril, and now Raven Protocol join the Binance Chain family.”

— Benjamin Rameau, Binance Chain

Other exchanges and wallets are also integrating Binance Chain and will adopt the BEP2 standard. Bitmax, Trust Wallet, and tons more are in the pipeline. Binance Chain is going be a force of nature.

For all the non-believers, just remember CZ plays 4D chess. Binance is constantly building and progressing. Adoption will happen and you won’t even remember a time when Binance DEX wasn’t your primary and goto option for trading :)

Want to talk to the founders of Raven Protocol or stay updated on the Token Launch?
Drop us an email: founders@ravenprotocol.com

RavenProtocol

Decentralized and Distributed Deep Learning

Raven Protocol

Written by

www.RavenProtocol.com is a decentralized and distributed deep-learning training protocol. Providing cost-efficient and faster training of deep neural networks.

RavenProtocol

Decentralized and Distributed Deep Learning

Raven Protocol

Written by

www.RavenProtocol.com is a decentralized and distributed deep-learning training protocol. Providing cost-efficient and faster training of deep neural networks.

RavenProtocol

Decentralized and Distributed Deep Learning

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