Binance Blockchain, also known as Binance Chain, is a decentralized blockchain developed by Binance, one of the world’s largest cryptocurrency exchanges. It is designed to offer high-performance transactions and support the seamless trading of digital assets. The blockchain powers Binance DEX (decentralized exchange), enabling users to trade directly from their wallets while maintaining full control of their funds. Binance Chain uses a consensus mechanism called Tendermint BFT, which ensures fast and secure transaction finality. Additionally, Binance Smart Chain (BSC) runs parallel to Binance Chain, supporting smart contracts and decentralized applications (dApps), making it an important player in the DeFi (decentralized finance) space. Binance Blockchain emphasizes scalability, low transaction fees, and interoperability with other blockchains.#onchaininslights

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