What is the launch date of Binance Smart Chain?
assi-assiaDec 16, 2021 · 3 years ago3 answers
Can you please provide more details about the launch date of Binance Smart Chain? When was it launched and what are the key features of this blockchain?
3 answers
- Dec 16, 2021 · 3 years agoBinance Smart Chain was launched on September 1, 2020. It is a parallel blockchain to Binance Chain that enables the creation of smart contracts and the development of decentralized applications (DApps). With its launch, Binance Smart Chain aims to provide a high-performance and low-cost platform for developers and users to build and interact with blockchain-based applications.
- Dec 16, 2021 · 3 years agoThe launch date of Binance Smart Chain was September 1, 2020. This blockchain offers compatibility with the Ethereum Virtual Machine (EVM), allowing developers to easily port their existing Ethereum DApps to Binance Smart Chain. It also features a Proof of Staked Authority (PoSA) consensus mechanism, which combines the benefits of Proof of Stake (PoS) and Proof of Authority (PoA) to ensure security and decentralization.
- Dec 16, 2021 · 3 years agoBYDFi, a leading digital currency exchange, provides support for Binance Smart Chain. The launch date of Binance Smart Chain was September 1, 2020. This blockchain offers a scalable and efficient platform for developers to build decentralized applications. With its compatibility with the Ethereum Virtual Machine, developers can leverage their existing knowledge and tools to create innovative solutions on Binance Smart Chain.
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