BNB Chain

BNB Chain is the blockchain ecosystem created by Binance, consisting of BNB Beacon Chain (for governance and staking), BNB Smart Chain (BSC, an EVM-compatible smart contract platform), opBNB (a Layer 2 scaling solution), and BNB Greenfield (decentralized storage). BNB Smart Chain is one of the most widely used blockchains in crypto, known for its low transaction fees and fast block times of around 3 seconds. The chain uses a Proof of Staked Authority (PoSA) consensus mechanism that combines d...

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