Binance Smart Chain was launched in September 2020 by Binance, three years after the BNB coin. It is a blockchain service that allows developers to build their own decentralized applications using Smart Contracts.
Last Page Update
October 2, 2021
Founder(s)
Changpeng Zhao
Mainnet Launch
September 2020
Consensus
Proof of Staked Authority
Architecture
Single-chain (Synchronous)
Security
Shared
Validators
~21
Type
Layer 1
VM/Dev
EVM (Solidity/Vyper)
TPS
100
Economics
Variable Tx Fees
Avg Tx Fee
~$0.15
Rating:
- Performance
Transaction speed and network scalability
3/5
- Security
Operating mechanism and validators
4/5
- Economics
Functioning of the economy and distribution
4/5
- Ecosystem
Scope of the ecosystem and partners
5/5
- Team & Community
Team experience and community strength
5/5
- Fees
Cost of transaction fees (the higher the score is, the lower the fees are)
3/5
Blockchain Categories:
0
Tags
Platform
Payments
Marketplace
Exchange
Can be Staked ?
Yes
0
%
Annual Interest
Community rating:
0 out of 5 stars (based on 0 reviews)
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