ChristopherWilson
Sat Mar 08 2025
|
6
answers
1786
The BNB Smart Chain is associated with the Binance exchange, which is one of the world's leading cryptocurrency exchanges. The BNB Smart Chain was launched by Binance as a parallel blockchain to their original Binance Chain, incorporating smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM).
The introduction of BSC by Binance underscores the exchange's commitment to fostering innovation and adoption within the cryptocurrency space.
Was this helpful?
196
68
GyeongjuGraceMon Mar 10 2025
Binance, a prominent cryptocurrency exchange, introduced BNB Smart Chain (BSC), formerly known as Binance Smart Chain.
Was this helpful?
245
26
GiovanniMon Mar 10 2025
BSC functions as a blockchain network that is specifically designed to cater to the evolving needs of the cryptocurrency ecosystem.
Was this helpful?
315
33
MountFujiViewMon Mar 10 2025
One of the CORE functionalities of BSC is its support for smart contracts. This feature allows for the creation of self-executing contracts that automate the terms of an agreement.
Was this helpful?
358
25
CryptoDynastyMon Mar 10 2025
In addition to smart contracts, BSC also enables the development and deployment of decentralized applications (DApps). These applications leverage the blockchain's decentralized nature to provide secure and transparent services.