What is opBNB? If you have already made a BNB withdrawal from binance to your wallet in recent weeks, you have already come across the option of selecting the BEP2 network, BEP20 and now opBNB. But what is opBNB anyway? This is very simple, Binance currently has three operating platforms in its network, BEP2, which is Binance's own centralized native network. binance also has its decentralized network, which is BEP20, which aims to be open and free for anyone, you can check how it works on the Binance Smart Chain (BSC) explorer. This network was created with the aim of integrating developers into the cryptocurrency market breaking barriers for crypto development, being one of the most popular and used networks in the world and moving billions of dollars every day, dozens of tokens have emerged from the BSC network that have grown a lot and are still operating on the market today. now, more recently, binance created a new network, opBNB, which aims to be cheaper and more dynamic than BSC itself, being an optimized layer 2 solution focused on reducing costs and greater speed. opBNB was born this year and is already being integrated into dozens of web3 applications, it is an EVM (Ethereum Virtual Machine) compatible network, which means that absolutely all Ethereum solutions are also compatible with it. As you can see in the image, opBNB, in addition to providing a smaller withdrawal of coins it also has a cheaper cost than the traditional network. Binance currently has three active networks, BEP2, BEP20 and now opBNB, which promises to be the revolution for the decentralized market of DApps and cryptocurrencies from binance. the mini tokens but that's a topic for another article.#opbnb #BinanceWEB3 #Binance #bep20 $BNB

Point Earning System: Encouraging User Engagement

In today's digital age, social media platforms are becoming an integral part of more and more people's daily lives. However, for platforms aiming to increase user engagement and make their communities more active, point earning systems can be highly effective.

How the Point System Works

The point earning system allows users to earn points as they engage in specific activities on the platform. These activities may include making posts, commenting, receiving likes, sharing videos or photos, and various other interactions. As users perform these activities, a certain amount of points is added to their accounts.

Conversion of Points to Tokens

The accumulated points can be converted into tokens after a certain period. This can be achieved through the platform's own cryptocurrency or token. The conversion of points to tokens rewards the engagement and participation of users on the platform.

Encouraging User Interaction

The point earning system incentivizes users to engage more on the platform. Users make posts, comments, receive likes, and participate in communities to earn more points. This increases the vibrancy of the platform and strengthens user loyalty.

Opportunity to Earn Tokens

Token conversion provides users with an additional reward for engaging more on the platform. Tokens can be used for accessing exclusive content, discounts, or other rewards within the platform. This enhances user loyalty and contributes to the growth of the platform.

Conclusion

The point earning system and token conversion can help social media platforms increase user engagement and make their communities more active. Rewarding users and encouraging their participation is an important strategy for ensuring the growth and success of the platform.

#tabu #talkbubble #binance #bep20 #article

BE the mascot Blockchain is a new technology focused on cryptography and blockchains compatible with smart contracts (Smart Contract) have some peculiarities and one of them is the ability to "run" tokens. Tokens are pre-programmed smart contracts within the blockchain, these contracts use their own programming language and the main one on the market is solidity, basically the entire cryptocurrency market today exists thanks to three main actors:Bitcoin Ethereum SolidityWithout these three ingredients, the current cryptocurrency market would basically not exist.Bitcoin was the one who started all this, he showed the world that it was possible to create a "ledger" to record financial transactions encrypted, completely decentralized and most importantly, secure! A group of software engineer friends saw this fantastic innovation and decided to develop a similar blockchain but that could have interactivity outside the network's main participants. One of these friends called Gavin Wood had the brilliant idea of ​​creating an exclusive programming language for this blockchain. .Gavin Wood creator of solidity and founder of Ethereum Then one of his friends called Christian Reitwiessner met with part of the group to develop this more appropriate language for and thus solidity was born, a native Ethereum programming language.Christian Reitwiessner creator of solidity Meanwhile group developed this programming language, another part of the group gave life to what would be the second largest blockchain in the world. Ethereum! Which has the second largest market capitalization and is responsible for the existence of the entire decentralized finance (DeFi) market, its CEO, creator, developer and founder Vitalik Buterin.Vitalik Buterin founder and CEO of Ethereum After this brilliant creation the new world of cryptocurrencies, a true innovation that allows anyone to program their own commands on the blockchain through Smart Contracts and thus the first smart contract called ERC20 was born, this contract has dozens of features including being a currency (token), with more freedom of creation and innovation than the network's own native cryptocurrency.Other teams saw this innovation and created their own blockchains compatible with EVM (Ethereum Virtual Machine) based on Ethereum, thus creating their own smart contracts, native to their blockchain, and thus the binance smart chain's BEP20 tokens, the network's TRC20 Tron... All these tokens from networks other than Ethereum are programmed in the solidity language and have the same ERC20 rule, but as they are from other networks they are called by the initials of their own blockchain of origin followed by the number 20. Example: Baby Doge it is a token that has the ERC20 rule but it is on the binance smart chain (BSC) network, so it is a BEP20 token, programmed in solidity and which uses the ERC20 rule to function. Another feature of this division of nomenclature for tokens of different networks is to facilitate the transfer, see that native Ethereum tokens do not circulate on the BSC network and vice versa, in other words, Imagine the confusion it would be if you need to send a BEP20 token and send it to the wrong network, it would be something terrible for the user because he would lose his funds, this naming model solves this and creates greater security in currency transactions. Did you like this article and was it useful to you? Comment below and leave your naughty like to strengthen the free and independent production of content. Remember! The cryptocurrency market is high risk and very volatile, so do your own research and stay safe, DYOR.#bep20 #ethereum #be #bitcoin