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BNB is the digital token that fuels activity on the Smart Chain — it’s what developers use to perform their work building web3 in the MetaFi ecosystem. But BNB has many uses far beyond the BNB ...
XDC Network is an layer 1 EVM compatible, environmental friendly, near zero transaction cost with high speed settlement blockchain platform. Parachains on Polkadot support smart contracts, but not the relay chain. New blockchain created following the collapse of Terra. Blockchain is known as XRP Ledger.
By 2021, BNB had the third highest market capitalization among cryptocurrencies. [82] The token was initially on the Ethereum network, then moved to BNB Smart Chain when it was released in September 2020. [83] [84] In February 2022, the company changed the token's name to Build'N'Build. At that time, Binance Smart Chain was also renamed to BNB ...
SafeMoon LLC was a cryptocurrency and blockchain company created in March 2021. [2] The company created the SafeMoon token (SFM) which traded on the BNB Chain blockchain. [3] [4] [5] The token charged a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin's authors.
Polygon. Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum. As with Ethereum, it uses a proof-of-stake consensus mechanism for processing transactions on-chain. Polygon's native token is named POL. POL is an ERC-20 token, allowing for compatibility with other ...
Ethereum. Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH[a]) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. [2][3] It is open-source software.
Blockchain. A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. [1][2][3][4] Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves).
Decentralized finance (often stylized as DeFi) offers financial instruments and operations through smart contracts on a programmable permissionless blockchain, thus minimizing the reliance on intermediaries such as brokerages, exchanges, or banks. [1] DeFi platforms allow people to lend or borrow funds from others, speculate on price movements ...