Cryptocurrency Q&A
What blockchain is BNB on?
What blockchain is BNB on?
IncheonBlues
Sat Mar 08 2025
|
6
answers
1219
The user wants to know which blockchain the BNB token is based on. They are seeking information about the specific blockchain technology that underlies the BNB cryptocurrency.
Previous
What is the meaning of 5 ton?
Next
Could crypto technology be a strategic move for loyalty programs?
6 answers
AmethystEcho
Mon Mar 10 2025
As an ERC-20 token, Binance Coin was compatible with a variety of wallets and exchanges that supported the ERC-20 standard. This facilitated its ease of use and accessibility.
Was this helpful?
317
23
TaegeukChampionCourage
Mon Mar 10 2025
Binance Coin made its debut in July 2017. It was an innovative digital asset designed to serve a specific purpose within the Binance ecosystem.
Was this helpful?
272
83
KatanaSword
Mon Mar 10 2025
Initially, Binance Coin operated on the Ethereum blockchain. This decision allowed it to leverage the robust infrastructure and widespread adoption of Ethereum.
Was this helpful?
121
61
NebulaSoul
Sun Mar 09 2025
However, Binance had bigger plans for its native currency. The company set its sights on developing its own blockchain to better serve the needs of its growing user base.
Was this helpful?
110
26
mia_clark_teacher
Sun Mar 09 2025
The Binance Chain was born out of this ambition. It was designed to be a high-performance, scalable blockchain that could handle a large volume of transactions with minimal latency.
Was this helpful?
152
70
Load 5 more related questions
