BNB Chain

Download the Zapit Binance Coin (BNB) Wallet. Zapit is a multi-cryptocurrency wallet. Use Zapit to self custody your funds and access smart contracts and decentralized applications(dApps) securely.

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What is Binance Coin (BNB) ?

Build N Build (BNB) Chain is a distributed blockchain network upon which developers and innovators can build decentralized applications (DApps) as part of the move to Web3. BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. It was created by Binance in 2017. It’s a utility token that lets traders get discounts on binance.com and is used to pay transaction fees on Binance’s blockchains.


How does it work?

Binance Smart Chain is a smart contract blockchain that is compatible with the Ethereum Virtual Machine. In basic terms, that means that decentralized applications that work with Ethereum are relatively simple to migrate to Binance Smart Chain.


What are the features of Binance Coin (BNB)?

Low transaction fees
Smart Contracts
Faster Performance
Decentralised Applications
DeFi


What is a smart contract ?

A smart contract is a self-executing computer program that automatically enforces the rules of an agreement or transaction. It is deployed on a blockchain, cannot be modified, and eliminates the need for intermediaries or trusted third parties. It is a key feature of Ethereum.


What are decentralised applications (dApps)?

Dapps, short for decentralized applications, are computer programs that run on a decentralized network like Ethereum. They don't need a central authority or middlemen to function, and instead rely on smart contracts to automatically execute code. Dapps can be used for a wide range of applications, such as online games, social media, and financial services.


Read more about Binance Coin (BNB) on

https://www.bnbchain.org/en
https://www.binance.com/en/blog/ecosystem/introducing-bnb-chain-the-evolution-of-binance-smart-chain-421499824684903436
https://github.com/bnb-chain/whitepaper/blob/master/WHITEPAPER.md

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