Cryptocurrency Q&A
What is BSC coin Crypto?
What is BSC coin Crypto?
SolitudeSeeker
Mon Nov 04 2024
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6 answers
1535
BSC coin Crypto is a digital currency operating on the Binance Smart Chain, known for its high transaction speed and low fees. It aims to provide an efficient and cost-effective alternative for users and developers, especially in the DeFi sector, facilitating various financial transactions and supporting a wide range of decentralized applications.
6 answers
Eleonora
Wed Nov 06 2024
BSC represents a blockchain network designed to enhance the functionality of the Binance ecosystem.
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GinsengGlory
Wed Nov 06 2024
This network is capable of supporting smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
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KimonoElegantGlitter
Wed Nov 06 2024
In addition to smart contracts, BSC also supports decentralized applications (DApps), which operate on a peer-to-peer network rather than relying on a central authority.
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SejongWisdomKeeperElite
Wed Nov 06 2024
Binance, a leading cryptocurrency exchange, introduced BNB Smart Chain (BSC), formerly known as Binance Smart Chain.
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Daniela
Wed Nov 06 2024
BSC operates in parallel with the BNB Chain, previously known as Binance Chain.
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