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Is BNB decentralized?

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BNB, also known as Binance Coin, is not considered fully decentralized. It is issued by Binance, a centralized cryptocurrency exchange, and operates on the Binance Chain, which is a centralized blockchain platform created by Binance. While BNB can be used for various purposes within the Binance ecosystem, it does not have the same level of decentralization as some other cryptocurrencies like Bitcoin or Ethereum.

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