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).
SPACE ID DAO & $ID Token Buyback, this will include all registration proceeds accumulated since the TGE date and be executed quarterly moving forward.
They also announce the new...
Cassava Network Referral Competition, allows users to earn rewards when they invite their friends to join the platform.
The Cassava rewards system is a double rewards system that also...
Redlight Partnership with Colony Investment, an innovator bringing NFT-backed real estate to the $280 trillion property market.
Colony has generously offered 5% of the Property Management...
Onto Partnership with Zetos, an algorithmic STABLECOIN protocol smartcontract platform based on the BNBChain ecosystem.
What does Zetos offers to the ecosystem?
Zetos focuses on Web3.0...
Hellobot Integration with Chainlink, they now have access to a tamper-proof and auditable source of randomness needed to help randomize the contents of mystery boxes.
Ultimately this creates...
Phase 1 of the Floki Card involves virtual prepaid debit cards while the second phase involves physical cards and is planned for later this year in line with the Floki roadmap.
The Floki...
CEEK Collaboration with Ceffu, CEEK Metaverse is securing its digital assets with Ceffu’s institutional-grade cold storage solution, Qualified Wallet.
Ceffu’s Qualified Wallet...
Diviner Protocol Partnership with Metalauncher, the platform that provides an easy gateway to retail experience in Metaverse
Meta Launcher and Diviner Protocol share a similar vision of...
Poison Finance Integration with Chainlink, Poison Protocol is a Magic Wand that lets you create Multi Chain Synthetic Potions.
Poison has integrated with Chainlink Price Feeds in which they...
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...