📘 Technical Sheet of $BNB (Binance Coin)
Name: Binance Coin
🔹 Symbol: BNB
🔹 Ticker: BNB
🔹 Launch: July 2017
🔹 Creator: Binance (founded by Changpeng "CZ" Zhao)
🔹 Original network: Ethereum (ERC-20)
🔹 Current network: Binance Chain + BNB Smart Chain (BEP-2 / BEP-20)
🔹 Consensus Algorithm: Proof of Staked Authority (PoSA)
🔹 Initial Supply: 200,000,000 BNB
🔹 Circulating Supply (2025): ~147 million
🔹 Goal: Reduce total supply to 100 million through quarterly burn 🔥
🔹 Main uses:
Fee payment on Binance with discount ⚡
Access to Launchpads and presales 💥
Means of payment in thousands of stores 🌐
Gas for transactions on the BNB Smart Chain 🧱
Integration with games, NFTs, DeFi, and more 🧩
🔹 Advantages:
Extremely high utility within the Binance ecosystem 💪
Periodic token burn = deflationary 🔥
BSC network compatible with EVM and very low fees 💸
Fast, scalable, and with thousands of projects built on top 🚀
Backed by the largest exchange in the world 🌍
🔹 Risks:
Highly dependent on Binance and its legal/regulatory situation ⚖️
Perceived centralization (nodes validated by few actors) 🏛️
Competition with other networks like Ethereum, Solana, and Avalanche 🥊
Regulatory attacks can affect liquidity and price 📉
🔹 Current use cases:
Binance DEX, PancakeSwap, Venus, Trust Wallet, etc.
Launchpool, staking, farming, loans, NFTs, and games
Payments in stores (via Binance Pay and global partners)
💬 Key data: BNB is not just a token... it is the financial and operational heart of the entire Binance ecosystem.
