- Introduction of Binance Smart Chain
- Binance smart chain logo
- An Introduction to Binance Smart Chain (BSC)
- Introduction
- What is Binance Smart Chain?
- How does Binance Smart Chain work?
- Consensus
- Cross-chain compatibility
- Decentralized Finance on Binance Smart Chain
- Closing thoughts
- Binance smart chain logo
- How to Get Started with Binance Smart Chain (BSC)
- Introduction
- Binance Smart Chain (BSC) wallets
- MetaMask
- Trust Wallet
- Binance Chain Wallet
- How to get crypto to Binance Smart Chain (BSC)
- Withdrawing from Binance
Introduction of Binance Smart Chain
Binance Smart Chain is an innovative solution to bring programmability and interoperability to Binance Chain. Binance Smart Chain relies on a system of 21 validators with Proof of Staked Authority (PoSA) consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
The Binance Smart Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. Binance DEX remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side. The Binance Smart Chain will be:
- A self-sovereign blockchain: Provides security and safety with elected validators.
- EVM-compatible: Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.
- Interoperable: Comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
- Distributed with on-chain governance: Proof of Staked Authority brings in decentralization and community participants. As the native token, BNB will serve as both the gas of smart contract execution and tokens for staking.
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Binance smart chain logo
Краткое руководство по созданию вашего первого кошелька Binance Smart Chain.
1. Скачайте MetaMask тут .
2. Завершите базовые настройки (Не забудьте сохранить резервные фразы)
3. Нажмите сверху “Main Ethereum Network”.
4. Нажмите на “Custom RPC”
5. Скопируйте и вставьте каждый ряд в каждое поле, как это сделано в примере ниже.
Это должно выглядеть следующим образом:
Скопируйте и вставьте текст из поля ниже:
Binance Smart Chain
Скопируйте и вставьте текст из поля ниже:
Скопируйте и вставьте текст из поля ниже:
Скопируйте и вставьте текст из поля ниже:
Block Explorer URL
Скопируйте и вставьте текст из поля ниже:
7. Поздравляем! Теперь у вас есть кошелек Binance Smart Chain!
Краткое руководство по созданию вашего первого кошелька Binance Smart Chain.
1. Скачайте MetaMask тут .
2. Завершите базовые настройки (Не забудьте сохранить резервные фразы)
3. Нажмите сверху “Main Ethereum Network”.
4. Нажмите на “Custom RPC”
5. Скопируйте и вставьте каждый ряд в каждое поле, как это сделано в примере ниже.
Это должно выглядеть следующим образом:
Скопируйте и вставьте текст из поля ниже:
Binance Smart Chain
Скопируйте и вставьте текст из поля ниже:
Скопируйте и вставьте текст из поля ниже:
Скопируйте и вставьте текст из поля ниже:
Block Explorer URL
Скопируйте и вставьте текст из поля ниже:
7. Поздравляем! Теперь у вас есть кошелек Binance Smart Chain!
Источник
An Introduction to Binance Smart Chain (BSC)
TL;DR
You’ve probably heard of Binance Chain, the home of the BNB currency. It’s optimized for ultra-fast trading. To achieve this, it had to make certain trade-offs – one being that it wasn’t as flexible from a programmability standpoint as other blockchains.
Well, Binance Smart Chain is here to change that, a new blockchain with a full-fledged environment for developing high-performance decentralized applications. It was built for cross-chain compatibility with Binance Chain to ensure that users get the best of both worlds.
Introduction
What is Binance Smart Chain?
How does Binance Smart Chain work?
Consensus
3 second block times with a Proof-of-Stake consensus algorithm. Specifically, it uses something called Proof of Staked Authority (or PoSA), where participants stake BNB to become validators. If they propose a valid block, they’ll receive transaction fees from the transactions included in it.
Cross-chain compatibility
Decentralized Finance on Binance Smart Chain
Closing thoughts
Binance Smart Chain greatly extends the functionality of the original Binance Chain and joins a range of cutting-edge protocols designed to bridge the gap between various blockchains. Though still in its infancy, the promise of BNB staking alongside EVM compatibility makes the platform an ideal engine for developers building powerful decentralized applications.
Источник
Binance smart chain logo
Binance Smart Chain is live on mainnet, activating the parallel blockchain to Binance Chain that will enable the creation of smart contracts and the staking mechanism for BNB. Any interested individuals and/or organizations can gather BNB stakes to become a validator of this new blockchain.
Five months since it was first unveiled in April 2020, the Binance Chain community has activated the Binance Smart Chain (BSC) . Created to run parallel to Binance Chain , BSC enables the creation of smart contracts for tokens on the Binance-branded blockchain. It also introduces an all-new staking mechanism for BNB , one of the world’s top cryptocurrencies.
The launch of BSC, an Ethereum Virtual Machine-compatible blockchain that is ready to be tested and piloted by some of the top projects in the crypto industry, is expected to greatly increase the utility of both Binance Chain and BNB. With the introduction of the Proof of Staked Authority (PoSA) consensus mechanism, BSC creates an ecosystem where validators, token holders, developers, and users all benefit from a rewarding blockchain that offers high performance and ample space for further innovations.
The Binance Chain community launched BSC in time for the DeFi (decentralized finance) revolution, as the public shows increased interest in alternative financial solutions powered by blockchain. With BSC’s launch, DeFi projects and the bigger blockchain community can leverage the best that Binance Chain has to offer, fortified by smart contract support, cross-chain interoperability, and more advantages that BSC brings. So the Binance Chain and Smart Chain community welcome all the dApp developers and projects to try on this new arena.
What’s In It For Users
To blockchain users, you are welcome to a new decentralized machine with many valuable assets brought in by Binance Chain and Binance.com.
Some of the benefits of Binance Smart Chain include:
A rich and growing digital asset ecosystem powered by Binance DEX, the leading decentralized exchange
Cheap transaction fees that reach as low as 1 cent
High performance with a network capable of producing a block every 3 seconds
Cross-chain DeFi mechanisms that increase DeFi interoperability
A supportive Binance ecosystem that funds and bootstraps many DeFi projects
A growing ecosystem of millions of users across Binance.com and Binance DEX
A network of major crypto projects already collaborating with BSC
Binance Smart Chain communities are wrapping up to release many handy tools this month, for functions such as token issuance and transfer, BNB staking, and dApp creation and usage. Please stay tuned!
From Whitepaper to Live Solution
The mainnet launch of Binance Smart Chain is the result of months of relentless work in enhancing the capabilities of Binance Chain. Here’s a brief timeline of how BSC evolved from concept to reality.
April 2020: The Binance Chain community released a whitepaper outlining how a smart contract blockchain can run parallel to Binance Chain and introduce staking for its native token BNB.
May 2020: BSC launched its first testnet, developing decentralized apps and the use of Proof of Staked Authority consensus.
July 2020: BSC reveals its initial lineup of collaborators, including Ankr and Chainlink. Meanwhile, a new testnet introduced enhanced security measures.
August 2020: Binance sponsored the Stake Wars event to exhibit how BNB staking works. Band Protocol starts collaborating as well.
Late August 2020: Binance Chain completes an upgrade in preparation for the launch of BSC. The main infrastructure for BSC was launched.
September 2020: Binance Smart Chain launches. BNB staking is now enabled.
A Growing Network of BUIDLers
Even before the mainnet launch of Binance Smart Chain, numerous crypto projects are already working with the Binance Chain community to help make BSC a robust blockchain platform.
Here are some of our collaborators:
— Blockchain Infrastructure and Tools: ChainLink, Band Protocol, Trust Wallet, Ankr, BSCScan, Bitquery.io, MathWallet, MyWish, CertiK, Torus
— DeFi: Swipe, Aave, 1inch.exchange, WazirX, DODO, dForce, Bounce.finance, Spartan Protocol, MCDEX, Cream, ForTube, DeBank
— Cross-Chain Liquidity: RenVM, pNetwork, Thorchain, Ferrum.Network, Alpha Finance
— Others: Dapp.Review, Ontology, Travala.com, Republic.co, Clutch, BCA, Ignite
We’ll share more about these collaborations soon.
Binance Smart Chain is live on mainnet, activating the parallel blockchain to Binance Chain that will enable the creation of smart contracts and the staking mechanism for BNB. Any interested individuals and/or organizations can gather BNB stakes to become a validator of this new blockchain.
Five months since it was first unveiled in April 2020, the Binance Chain community has activated the Binance Smart Chain (BSC) . Created to run parallel to Binance Chain , BSC enables the creation of smart contracts for tokens on the Binance-branded blockchain. It also introduces an all-new staking mechanism for BNB , one of the world’s top cryptocurrencies.
The launch of BSC, an Ethereum Virtual Machine-compatible blockchain that is ready to be tested and piloted by some of the top projects in the crypto industry, is expected to greatly increase the utility of both Binance Chain and BNB. With the introduction of the Proof of Staked Authority (PoSA) consensus mechanism, BSC creates an ecosystem where validators, token holders, developers, and users all benefit from a rewarding blockchain that offers high performance and ample space for further innovations.
The Binance Chain community launched BSC in time for the DeFi (decentralized finance) revolution, as the public shows increased interest in alternative financial solutions powered by blockchain. With BSC’s launch, DeFi projects and the bigger blockchain community can leverage the best that Binance Chain has to offer, fortified by smart contract support, cross-chain interoperability, and more advantages that BSC brings. So the Binance Chain and Smart Chain community welcome all the dApp developers and projects to try on this new arena.
What’s In It For Users
To blockchain users, you are welcome to a new decentralized machine with many valuable assets brought in by Binance Chain and Binance.com.
Some of the benefits of Binance Smart Chain include:
A rich and growing digital asset ecosystem powered by Binance DEX, the leading decentralized exchange
Cheap transaction fees that reach as low as 1 cent
High performance with a network capable of producing a block every 3 seconds
Cross-chain DeFi mechanisms that increase DeFi interoperability
A supportive Binance ecosystem that funds and bootstraps many DeFi projects
A growing ecosystem of millions of users across Binance.com and Binance DEX
A network of major crypto projects already collaborating with BSC
Binance Smart Chain communities are wrapping up to release many handy tools this month, for functions such as token issuance and transfer, BNB staking, and dApp creation and usage. Please stay tuned!
From Whitepaper to Live Solution
The mainnet launch of Binance Smart Chain is the result of months of relentless work in enhancing the capabilities of Binance Chain. Here’s a brief timeline of how BSC evolved from concept to reality.
April 2020: The Binance Chain community released a whitepaper outlining how a smart contract blockchain can run parallel to Binance Chain and introduce staking for its native token BNB.
May 2020: BSC launched its first testnet, developing decentralized apps and the use of Proof of Staked Authority consensus.
July 2020: BSC reveals its initial lineup of collaborators, including Ankr and Chainlink. Meanwhile, a new testnet introduced enhanced security measures.
August 2020: Binance sponsored the Stake Wars event to exhibit how BNB staking works. Band Protocol starts collaborating as well.
Late August 2020: Binance Chain completes an upgrade in preparation for the launch of BSC. The main infrastructure for BSC was launched.
September 2020: Binance Smart Chain launches. BNB staking is now enabled.
A Growing Network of BUIDLers
Even before the mainnet launch of Binance Smart Chain, numerous crypto projects are already working with the Binance Chain community to help make BSC a robust blockchain platform.
Here are some of our collaborators:
— Blockchain Infrastructure and Tools: ChainLink, Band Protocol, Trust Wallet, Ankr, BSCScan, Bitquery.io, MathWallet, MyWish, CertiK, Torus
— DeFi: Swipe, Aave, 1inch.exchange, WazirX, DODO, dForce, Bounce.finance, Spartan Protocol, MCDEX, Cream, ForTube, DeBank
— Cross-Chain Liquidity: RenVM, pNetwork, Thorchain, Ferrum.Network, Alpha Finance
— Others: Dapp.Review, Ontology, Travala.com, Republic.co, Clutch, BCA, Ignite
We’ll share more about these collaborations soon.
Источник
How to Get Started with Binance Smart Chain (BSC)
TL;DR
Binance Smart Chain (BSC) has been booming with activity. Ranging from token swaps to decentralized money markets and cute NFTs, there are many options to earn yield or simply to have fun.
But what do you need to get started, and how do you do it? We’ll go through it all in this article.
Introduction
That article can give you a walkthrough of the mechanics of the blockchain, while this one will provide practical information about how to get started. So let’s dive in.
Binance Smart Chain (BSC) wallets
First things first, you’ll need a wallet to interact with the applications on BSC. The good news is that you have quite a few options to choose from.
It’s worth keeping in mind that this isn’t an exhaustive list. In addition to the ones mentioned below, you can also use Math Wallet, Ledger, TokenPocket, Bitkeep, ONTO, Safepal, and Arkane.
MetaMask
But wait, isn’t MetaMask an Ethereum wallet? It is, but actually, it’s quite easy to connect it to BSC. This way, you can use a familiar UI when interacting with BSC.
Trust Wallet
Trust Wallet is one of the easiest mobile wallets to use, so if you’d like to use BSC from your pocket, it’s among the best options.
Binance Chain Wallet
Binance Chain Wallet is another option that you have for certain apps on BSC. You can get it as a browser extension for Chrome, Firefox, and Brave. It’s easy to use and has a slick UI.
How to get crypto to Binance Smart Chain (BSC)
So, now we have plenty of wallets to choose from, but how can we move funds to the chain? We can withdraw from our Binance account or use the Binance Bridge.
Before we go further, however, it’s important that we clear up some conceptual background.
Withdrawing from Binance
Chances are if you’re reading this, you already have a Binance account. The easiest option may be to simply withdraw from your Binance account to a BSC wallet.
Just make sure to select Binance Smart Chain (BEP-20) when withdrawing funds to your external wallet.
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