Cryptocurrency Q&A
What is the Binance smart chain?
What is the Binance smart chain?
CryptoGuru
Sun Mar 30 2025
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6
answers
1466
The Binance Smart Chain (BSC) is a blockchain platform launched by Binance, aiming to provide faster and cheaper transactions. It utilizes a parallel chain architecture and DPoS consensus mechanism, enabling high scalability and performance. BSC is compatible with Ethereum, allowing easy migration of dApps and smart contracts.
6 answers
ShintoSanctuary
Tue Apr 01 2025
The Binance Chain, primarily designed for the seamless trading and transfer of tokens, has established itself as a key player in the crypto space.
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isabella_doe_socialworker
Tue Apr 01 2025
BNB Smart Chain, or BSC, represents a significant advancement in blockchain technology.
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noah_stokes_photographer
Tue Apr 01 2025
Developed by Binance, a global leader in the cryptocurrency exchange market, BSC aims to provide a robust and efficient network.
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Federico
Tue Apr 01 2025
Binance, renowned for its large user base and extensive trading options, has been instrumental in driving the adoption of cryptocurrencies worldwide.
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Andrea
Tue Apr 01 2025
Introduced in September 2020, BSC operates alongside the Binance Chain, enhancing the functionality and versatility of the Binance ecosystem.
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