The difference between BNB networks

Binance is one of the largest and most popular cryptocurrency trading platforms in the world, and has developed several networks based on BNB.

Here's a quick look at the difference between these networks:

1.BNB Beacon Chain

BNB native network.

Usage: Mainly used for converting digital currencies and issuing digital assets.

Token: BEP2

Advantages: High execution speed and low transaction costs.

2.BNB Smart Chain

A network that runs in parallel with the BNB Beacon Chain, and supports smart contracts.

Use: It is used to build decentralized applications #DApps and run smart contracts, allowing the creation and operation of #DeFi projects and other projects.

Token: BEP20

Features: Compatible with the Ethereum virtual machine #EVM , making it easy to transfer projects between #BSC and Ethereum.

3.opBNB

It is a layer 2 solution for the BSC network, and uses the optimistic cumulative technique.

Usage: Aimed at improving the performance metrics of the BSC network by increasing transaction speed and reducing gas costs.

Advantages: Provides faster and cheaper transactions without sacrificing security.

4.BNB Greenfield

A decentralized, blockchain-based storage system designed to store and manage data.

Usage: It allows users to store digital data in a decentralized and secure manner, and enhances data privacy and control.

Advantages: Providing innovative and sustainable storage solutions while maintaining data security and privacy.