Binance Chain is a high-performance blockchain network that enables fast and low-cost transactions. It is designed to be a platform for building and deploying decentralized applications (DApps). Binance Chain is powered by its native cryptocurrency, Binance Coin (BNB), which is used to pay for transaction fees and gas costs.
Binance Chain was originally launched in 2019 as a standalone blockchain. However, in February 2022, it merged with Binance Smart Chain (BSC) to create a new unified blockchain ecosystem called BNB Chain. This merger brought together the best features of both chains, including BSC's support for smart contracts and Binance Chain's high throughput and scalability.
Today, BNB Chain is one of the most popular and active blockchain ecosystems in the world. It hosts a wide range of DApps, including decentralized exchanges, lending platforms, yield aggregators, and NFT marketplaces. BNB Chain is also home to a growing number of enterprise projects, which are using its technology to build new financial and business applications.
Uniqueness
