Binance smart chain meaning

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BSC is a new smart areas that make it a further to find out what makes it unique or special PoW consensus mechanism to PoS, in the market.

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What is BNB? Binance Smart Chain Explained with Animations
Binance Smart Chain (BSC) is a blockchain network developed by Binance, one of the world's largest cryptocurrency exchanges. Binance Smart Chain was. Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs in parallel with Binance's native Binance Chain. No information is available for this page.

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More specifically, users can stake BNB to become validators. The blockchain has 21 validators in total, which the stakes of BNB will elect every 24 hours, which means that every 24 hours, you can see new validators taking their place. Blockchain for Business. In addition, Binance Chain has been constructed to support cross-chain compatibility, ensuring users get the most out of both chains.