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BNB ChainBNB
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BNB ChainBNB

Blockchains (L1)

Overview

What is BNB Chain?
BNB Chain is a smart contract platform for decentralized applications (a blockchain). BNB Chain was founded by Changpeng Zhao and launched in 2020.
How does BNB Chain work?
Validators process transactions and receive fees from users (supply-side fees).
Who governs BNB Chain?
BNB holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue).
RevenueShare of transaction fees that are burned$10Connects Validators and UsersSupply-side feesValidators' share of the transaction fee$90ValidatorsFeesTransaction fee paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.