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The Counterparty

Binance chain

Chain · PageRank 0.0582

Overview

The blockchain infrastructure originally called Binance chain is now branded as BNB Chain, tied to the exchange Binance. Its smart-contract platform, BNB Smart Chain, went live on 1 September 2020 under the name Binance Smart Chain. It is compatible with the Ethereum Virtual Machine, enabling most Ethereum contracts and development tools to function without modification. The network operates on a Proof-of-Staked-Authority consensus mechanism with a restricted set of validators, achieving block times of roughly three seconds and low transaction costs. The broader BNB Chain ecosystem includes the opBNB layer-2 scaling solution and BNB Greenfield, a decentralized storage network. BNB serves as the native token across this ecosystem.

Within The Counterparty graph, Binance connects to 78 tracked entities, most strongly to Morpho Blue, Renzo, Pendle.

Relations

Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 78 total).

RelationConnected entityConfidence
deployed_onMorpho Blue95%
deployed_onRenzo95%
deployed_onPendle95%
deployed_onUniswap V395%
deployed_onCurve DEX95%
bridgesPortal95%
deployed_onAave V395%
deployed_onUniswap V495%
bridgesConnext95%
deployed_onPortal95%

Sources

Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.

In the wire

7 items in the current window name this counterparty. Headlines are the publishers' own.

Questions on the record

What consensus does it use?

It uses Proof-of-Staked-Authority (PoSA), a mechanism that combines staking with a restricted set of validators.