Cryptocurrency Q&A
Is the BNB chain on ETH?
Is the BNB chain on ETH?
Pietro
Mon Feb 24 2025
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5
answers
1359
I'm wondering if the BNB chain is built on the Ethereum network. I want to know if there's a connection or if they are completely separate.
5 answers
SamuraiWarrior
Wed Feb 26 2025
Despite sharing much of the same technology with Ethereum, BSC has implemented several crucial changes aimed at enhancing its performance.
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GinsengBoostPowerBoostVitality
Wed Feb 26 2025
One of the most notable changes introduced by BSC is the adoption of a different consensus mechanism. This mechanism plays a pivotal role in the chain's operational efficiency.
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SumoStrength
Wed Feb 26 2025
By utilizing a different consensus mechanism, BSC has been able to significantly reduce transaction times. This is a major advantage for users who require swift and seamless transactions.
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Elena
Wed Feb 26 2025
Additionally, the new consensus mechanism has helped to lower transaction fees on BSC. This makes it an attractive option for those looking to minimize their costs.
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Sofia
Wed Feb 26 2025
BNB Smart Chain (BSC) has its origins in a hard fork of Ethereum, a significant event that took place in 2021.
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