Transparent, reliable data processing integrated solution based on BSC Chain
The Binance Smart Chain (BSC) is a blockchain system developed by Binance, one of the largest centralized cryptocurrency exchanges. It runs in parallel to the Binance Chain. It's vital to clarify right away that the Binance Smart Chain is not a layer-2 or off-chain technology that runs on top of the Binance Chain.
Instead, it's a fully separate blockchain that runs alongside the Binance Chain and includes smart contract functionality as well as Ethereum Virtual Machine compatibility (EVM).BSC employs a hybrid consensus technique known as Proof of Staked Authority (PoSA), which enables the company to achieve much better transaction throughput without compromising security.
Good to know: Binance Smart Chain —BSC— is a blockchain system from the crypto-trading platform Binance. BSC is designed to provide a high-performance infrastructure for decentralized trading, building dApps, interoperability between other blockchains, and support of smart contracts and other DeFi products.
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