I recently heard about BSC coin and I'm curious to learn more about it. Could someone explain what BSC coin is, its background, and how it fits into the cryptocurrency landscape?
6 answers
Alessandro
Mon Nov 11 2024
BNB Smart Chain (BSC), previously known as Binance Smart Chain, is a blockchain network launched by the prominent
cryptocurrency exchange Binance.
EchoSolitude
Mon Nov 11 2024
This network is designed to support smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
SakuraBlooming
Sun Nov 10 2024
In addition to smart contracts, BSC also facilitates the development and deployment of decentralized applications (DApps), which operate on a peer-to-peer network rather than relying on a central authority.
emma_carter_doctor
Sun Nov 10 2024
BSC operates alongside the BNB Chain, which was formerly known as Binance Chain.
Elena
Sun Nov 10 2024
Both networks are integral components of Binance's ecosystem, providing users with a range of services and functionalities related to cryptocurrency trading and decentralized finance.