#BSCTradingTips The BSC Network (Binance Smart Chain) is a blockchain developed by Binance, launched in September 2020. It operates in parallel with Binance Chain but supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM).
Key features of BSC:
Fast transaction speeds and lower transaction fees compared to Ethereum.
The Proof of Staked Authority (PoSA) consensus mechanism helps confirm transactions quickly and more energy-efficiently.
Compatible with Ethereum, allowing projects from Ethereum to easily deploy on BSC.
Has a rich ecosystem with DApps, DeFi (such as PancakeSwap, Venus), GameFi, and NFTs.
Are you interested in BSC for investment, developing DApps, or using it for other purposes?