Binance Smart Chain (BSC) is a high-performance blockchain network designed to support smart contracts and decentralized applications (dApps). Launched by Binance, it operates alongside the Binance Chain (BC), combining BC's fast transaction throughput with the smart contract capabilities of BSC. This dual-chain architecture allows users to benefit from low transaction fees, quick block times, and the ability to deploy complex decentralized applications, making it a preferred platform for developers and DeFi projects.
BSC is compatible with Ethereum's Virtual Machine (EVM), enabling seamless migration of Ethereum-based dApps and fostering interoperability within the broader blockchain ecosystem. With its growing ecosystem, BSC supports a wide range of use cases, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming applications.
