$BNB Binance Coin uses the Byzantine Fault Tolerance (BFT) consensus mechanism. To protect the network from hacking, this mechanism uses validators, who earn money by verifying blocks.
Initially, it was used only on the Binance exchange to pay for commissions when trading cryptocurrency. Later, it began to be traded on other exchanges and its price began to grow. The peak price for 2021 was 12,000 hryvnias per coin on February 19, 2021, after which the price fell to 8,000 hryvnias. In 2025, we expect 40,000 hryvnias.