๐Ÿ‘ค Founder: Changpeng Zhao (CZ)


๐Ÿ’Ž BNB Chain (BNB)

A blockchain network by Binance combining Proof of Stake & Authority (PoSA) for fast, efficient, and low-fee transactions โšก


โš™๏ธ Key Features:




Validators & Staking: Stake 10,000 BNB or delegate to earn rewards ๐Ÿ”’




Smart Contracts & dApps: Execute agreements & run decentralized apps without intermediaries ๐Ÿ’ป




NFTs & Tokenization: Create, collect, and trade digital assets like NFTs ๐ŸŽจ




Low Fees: 60x cheaper than Ethereum gas fees โ›ฝ




Auto-Burn: Reduces supply to 100M BNB ๐Ÿ”ฅ




โš ๏ธ Considerations:




Centralized validator system โš ๏ธ




Exchange wallets targeted by hackers ๐Ÿ’ฃ




$BNB

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