What is Binance chain blockchain?

Binance launched the Binance Chain blockchain in April 2019 to support its vision for decentralized trading. It jointly launched the Binance Decentralized Exchange ( DEX) with the blockchain, designed for high transaction throughput.

Is BSc the blockchain of the future?

BSC can be an alternative for many developers out there. It has been considered the blockchain of the future, despite its disadvantages, by bridging several blockchains with a multi-functioning, highly dynamic cross-compatible ecosystem. Did you like this article?

What is a blockchain database?

A blockchain has three central attributes. First, a blockchain database must be cryptographically secure. That means in order to access or add data on the database, you need two cryptographic keys: a public key, which is basically the address in the database, and the private key, which is a personal key that must be authenticated by the network.

What is an example of a blockchain?

One example is Ethereum, which has a native cryptocurrency known as ether (ETH). 18 But the Ethereum blockchain also allows the creation of smart contracts and programmable tokens used in initial coin offerings (ICOs), and non-fungible tokens (NFTs).