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What is the BNB chain?

Because of this, the company decided to rebrand the Binance Chain and Binance Smart Chain as the BNB Chain. While Binance states this stands for "BBuild and Build" and isn't short for Binance Coin, it is very convenient, in any case, that the name reminds you of its native token.

What is BNB beacon chain & BSc?

The idea of dual-chain architecture is that users can seamlessly transfer assets from one blockchain to another. In this way, rapid trading can be enjoyed on BNB Beacon Chain, while BSC serves the purpose of running powerful dapps. Unlike native tokens on BNB Beacon Chain, those on BSC adopt the BEP-20 token standard.

How do I access the BNB smart chain?

To access both the chains, you need to have a wallet that will help facilitate transfers between different accounts and even dApps on the BNB Smart Chain. If you need to use the BNB Beacon Chain, then you can access the web wallet here.

How many transactions does BNB chain process a day?

As of July 2021, BNB Chain processes as many as 9 million transactions daily, with a current all-time daily high of 11.83M transactions in May 2021.

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