Binance Smart Chain News – BNB Chain
What is Binance Smart Chain?
Binance has launched its own blockchain software, Binance Smart Chain. BSC enables developers to run decentralized applications (DApps) on its blockchain. BSC is based on the Go Ethereum (Geth) client.
Why is it worth using Binance Smart Chain?
At its core, BSC is a platform for developers to create decentralized applications (DApps). With BSC users are able to access cheaper and faster transactions, as well as fully customizable smart contract functionality.
While similarly utilizing smart contracts, transactions on BSC are faster and cheaper than those on the Ethereum blockchain. And saving money on transactions is probably the best reason to switch over.
Is Binance Smart Chain BEP20?
Binance today released BEP-20, a new token standard that extends the ERC-20 token standard from Ethereum. BEP-20 extends Ethereum’s smart contract functionality by adding support for advanced token capabilities, such as chain freezing, delegated management, and governance.
What is the difference between Binance Chain and Binance Smart Chain?
BC and BSC are two different blockchains.
Binance Chain(BC) is a blockchain developed by Binance, which features the ability to create a marketplace for decentralized exchanges.
Binance Smart Chain is an independent blockchain that runs in parallel with the Binance Chain. BSC is compatible with EVM and has native cross-chain communication with Binance Chain. It’s providing a heterogeneous development environment for smart contracts, dApps and third-party blockchains.
But what is BNB Chain then?
BNB Chain is a relatively new blockchain created for developing high-performance decentralized applications, gaming, and NFTs.
Does MetaMask support Binance Smart Chain?
MetaMask is compatible with most decentralized applications (dapps) and trading platforms. It is extremely versatile and compatible with blockchain networks like Binance Smart Chain (BSC Chain).
Double Protocol Partnership with Redlight, the Company that Revolutionised Web3 with a Gasless Blockchain.
Redlight Chain committed to supporting each other’s growth in organic,...
Rei Network Integration with Forward Protocol, easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their dApps
REI Network continues to advance...
Gameta Partnership with Metopia, a blockchain-based reputation platform that uses a non-transferable badge protocol to incentivize positive behaviors and contributions.
Gameta will work with...
BSCStation Partnership with Umbrella Network, supporting early-stage projects to grow and thrive through its oracle grant program.
Umbrella Network is delighted to extend its Oracle Services...
Lekker Finance Joins Chainlink BUILD to provide network fees and other incentives to Chainlink service providers as part of Chainlink Economics 2.0.
As a part of BUILD, they receive enhanced...
Carbon Collaboration with Presearch, a privacy-focused, decentralized search engine that launched in 2017 and has amassed over 4.3M registered users.
With a focus on privacy and...
Trava veTrava Marketplace a representative of the users’ voting power in the Trava Finance ecosystem
To fulfill the “decentralized” part of the Trava Decentralized Marketplace, they...
TrustFi Strategic Partnership with NFTSquared, a reliable Web3.0 infrastructure which empowers anyone to quickly create NFT utilities and DeFi functionalities without programing.
The...
NULS Partnership with PheasantSwap, a decentralized AMM trading platform based on ENULS, which can achieve fast and decentralized trading through NULS parallel chains and cross-chain...
DODO Integration with Connext, a network for fast, trustless communication between chains and rollups.
The vision of Connext is to be a ubiquitous multichain layer that protocols and apps...
AFKDAO Partnership with XALTE Vengeful Heroes, an eSportFi NFTgame based on Unity3D, dedicated to creating an open F2P competitive world, a low barrier to entry NFT game.
The XALTE platform...
Plexus Integrates Chainlink Price Feeds, providing users with stronger assurances that Optimal trades that can happen in a cross-chain swap.
By integrating the industry-leading decentralized...
IOST Partnership with Amazon Web Services (AWS), to create a secure and scalable blockchain platform that delivers a seamless user experience.
By collaborating with AWS, IOST aims to...
Floki Partnership with Venus Protocol, an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart...
Find your Maneki Neko with MysticTreasure, a Learn-to-Earn game that blends 2D cartoon graphics style in the direction of decoding treasure mining maps.
One of the GameFi industry’s...
Konnect Joins Chainlink BUILD Program to accelerate ecosystem growth and long-term adoption of Konnect’s on-chain membership program.
They will also incentivizing greater cryptoeconomic...
TokenPocket Partnership with Conflux, a PoW + PoS hybrid first-layer consensus blockchain for dApps that require speed at scale, without sacrificing decentralization.
TokenPocket now...
NFT rental marketplace Double Protocol Partners with X-Consoles, a decentralized Web3 gaming platform building the ‘Web3 Steam’.
This collaboration will enable the X-Consoles Ecosystem...