Today’s class is about BNB
What Is BNB Chain?
Key Takeaways
• BNB Chain is a decentralized blockchain
ecosystem focused on providing a robust
infrastructure for the Web3 economy.
• BNB Chain offers a diverse range of
services, promoting decentralized data
management, layer-2 scaling, and
innovative solutions for the world of
decentralized finance (DeFi).
• This article explores BNB Chain's
transformative journey, from its origins in
2017 to the present, showcasing its ability
to adapt and innovate.
Introduction
BNB Chain is a decentralized blockchain
ecosystem focused on Web3 economy,
infrastructure, and services. It offers a
variety of advanced tools and features for
users to explore the world of decentralized
finance (DeFi) and for developers to build
large-scale decentralized applications
(DApps).
A Brief History of BNB Chain
BNB Chain (formerly Binance Chain) was
created in 2019. At that point, the BNB utility
token (created in 2017) migrated from the
Ethereum network to become the native
token of the BNB Chain. That early version of
the BNB Chain is what we now call the BNB
Beacon Chain.
In 2020, the BNB Smart Chain (BSC) -
formerly Binance Smart Chain - was created
as a new blockchain to run in parallel to the
BNB Beacon Chain. BSC brought new
features and more flexibility through the use
of EVM-compatible smart contracts, leading
to an explosive growth of DApps and
services .
Here is my Wallet for a Tip, if you love what I wrote or want me to get more materials to improve.
BTC
bc1q5va7z9yn0addc6n4htxqqf90l2af3g4hsfm7vn
BNB
0x315434502CaF1AFfA64D84107521712F010DB692
#BTC #WRITE2EARN