BNB Smart Chain
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BNB Smart Chain is a Binance-built blockchain for DeFi apps.
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About BNB Smart Chain
Binance Smart Chain is a blockchain network within the Binance ecosystem, offering fast and low-cost transactions. It aims to provide an alternative to Ethereum, focusing on scalability and efficiency.
A proof-of stake chain, BNB Smart Chain uses the BNB token for transactions and governance. While it has gained popularity, it faces criticism for centralization concerns.
