Cryptocurrency Q&A What chain is Chiliz on?

What chain is Chiliz on?

Chloe_emma_researcher Chloe_emma_researcher Sat Oct 12 2024 | 6 answers 1267
I'm trying to find out which blockchain network Chiliz is operating on. I need this information to have a better understanding of the platform and its technical aspects. What chain is Chiliz on?

6 answers

CharmedSun CharmedSun Sun Oct 13 2024
Chiliz Chain stands as a derivative of BNB Smart Chain (BSC), a renowned blockchain that itself evolved from the Ethereum network. This lineage ensures a robust foundation for Chiliz Chain, leveraging the proven technology and advancements of its predecessors.

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Ilaria Ilaria Sun Oct 13 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of digital asset enthusiasts. Among its offerings, BTCC provides spot trading, enabling users to buy and sell cryptocurrencies at current market prices.

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HanjiArtistry HanjiArtistry Sun Oct 13 2024
In addition to spot trading, BTCC also supports futures trading, allowing traders to speculate on the future price movements of cryptocurrencies. This feature adds an exciting dimension to the platform, catering to traders seeking to capitalize on market volatility.

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Chiara Chiara Sun Oct 13 2024
The decision to fork BSC underscores Chiliz Chain's commitment to delivering a scalable, efficient, and secure platform for decentralized applications and digital assets. By inheriting BSC's core features, Chiliz Chain benefits from a well-established ecosystem and community support.

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KpopStarletShine KpopStarletShine Sun Oct 13 2024
The Ethereum Virtual Machine (EVM) compatibility is a cornerstone of Chiliz Chain's architecture. This allows developers to seamlessly deploy and interact with smart contracts, ensuring a smooth transition for projects migrating from Ethereum or BSC.

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