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What is BNB Chain?
Binance Chain is a smart contract platform for decentralized applications (a blockchain). Binance 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).Related posts
BNB Chain – Accelerating adoption of the digital asset and blockchain economy | Fundamentals ep.59
In this episode of the Fundamentals podcast, I’m joined by Arno Bauer, a Senior Solution Architect at BNB Chain. BNB Chain is a smart contract platform for decentralized applications and is currently the most widely used blockchain.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.