Hello everyone! Today I want to share essential information about two of the most important cryptocurrencies in the world of blockchain: Bitcoin (BTC) and Binance Coin (BNB).
Bitcoin (BTC)
What is it?
Bitcoin is the first cryptocurrency created in 2009 by a person or group under the pseudonym Satoshi Nakamoto. It is considered the pioneering digital currency and the most widely recognized in the market.
Why is it important?
Bitcoin is seen as a store of value, similar to digital gold, and is used for decentralized transactions without intermediaries. Its blockchain technology ensures security and transparency.
Key facts:
Maximum number of bitcoins: 21 million.
Uses proof of work.
It is the cryptocurrency with the largest market capitalization.
Binance Coin (BNB)
What is it?
BNB is the native cryptocurrency of Binance, one of the largest exchange platforms in the world. It was launched in 2017 and was originally used to pay trading fees with discounts.
Why is it important?
BNB has expanded beyond discounts, serving in multiple applications such as payments, participation in token sales, and in Binance Smart Chain (BSC) for building decentralized applications.
Key facts:
It operates on Binance Smart Chain and also on Ethereum as BEP-20 and ERC-20 token.
Periodic burning of BNB is conducted, reducing its supply and potentially increasing its value.
