#BSCUserExperiences The BSC (Binance Smart Chain) network 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 allows for faster transaction confirmation and is more energy-efficient.
Compatible with Ethereum, making it easy for projects from Ethereum to deploy on BSC.
Has a rich ecosystem with various DApps, DeFi (such as PancakeSwap, Venus), GameFi, and NFTs.
Are you interested in BSC for investment, developing DApps, or for other purposes?