Cryptocurrency Q&A
What chain is Binance?
What chain is Binance?
Giovanni
Wed Nov 13 2024
|
6 answers
1228
I'm trying to understand which chain Binance belongs to. Is it a specific blockchain or does it operate on multiple chains? I want to know more about the technical background of Binance's operations.
6 answers
AzrilTaufani
Fri Nov 15 2024
BNB Chain is a blockchain initiative developed by Binance, which holds the title of the world's largest cryptocurrency exchange based on trading volume.
Was this helpful?
263
96
CherryBlossomBloom
Fri Nov 15 2024
This blockchain platform operates using BNB, previously known as Binance Coin, as its primary fuel.
Was this helpful?
81
28
GyeongjuGloryDaysFestivalJoy
Fri Nov 15 2024
BNB Chain prides itself on being a decentralized ecosystem, which means it does not rely on a single entity for control or governance.
Was this helpful?
135
89
KimonoElegance
Fri Nov 15 2024
The platform is also open-source, allowing developers to contribute to its growth and improvement by suggesting changes or creating new applications.
Was this helpful?
331
35
Elena
Thu Nov 14 2024
Within this ecosystem, users are granted the ability to create, store, and exchange various forms of data.
Was this helpful?
56
39
Load 5 more related questions
