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483:, is a blockchain ecosystem designed to enable decentralized applications and services through various interconnected layers. Launched in 2020, it comprises several components that work together to platform for developers, users, and creators. According to their webpage, the BNB Chain ecosystem is built on the principles of decentralization, open access, and community-driven development.
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The
Builder Grant program, initiated in 2022, provides funding and access to BNB ecosystem developers, enabling grantees to contribute essential resources to enhance the long-term utility of BNB Chain. Eligible projects encompass open-source frameworks, free developer tooling, compatibility modules,
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Binance Smart Chain later merged with the older
Binance Chain and was rebranded into BNB chain. BNB Chain operates using "Proof of Staked Authority", a combination of proof of stake and proof of authority. As of 2023, Binance Coin was the cryptocurrency with the fourth highest market capitalization.
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Binance Coin was established in 2017, and the
Binance Smart Chain was introduced three years later during the DeFi . The BNB token has continuously evolved since its debut. Initially, created as an ERC-20 token on the Ethereum network in 2017, and was an Ethereum fork, it quickly switched over to
522:: Launched April 2019, the BNB Beacon Chain serves as the staking and governance layer of the BNB ecosystem. It allows participants to stake their tokens for rewards and actively participate in the decentralized decision-making process that shapes the future of the BNB Chain.
547:: The opBNB network functions as a Layer 2 scaling solution for BSC, leveraging the Optimism opStack technology. It aimed to enhance the efficiency and scalability of the BNB Smart Chain, contributing to improved user experience. The testnet was released in Q2 2023.
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BNB underwent a transformation to embrace decentralization on its chain, granting substantial decision-making power to BNB holders through voting mechanisms. This shift emphasizes the community's active involvement and influence over the platform's evolution.
541:: zkBNB is an infrastructure built on the zk-Rollup architecture. It caters to developers by providing them with tools to create large-scale applications on the BSC platform, focusing on higher throughput and significantly reduced or zero transaction fees.
582:: BNB Chain introduced BNB Greenfield and opBNB, via testnet launches. The Zero2Hero Incubator and Kickstart Program were also key events in that year to encourage innovation. Daily active users surpassed 1.2 million for BNB Chain.
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This initiative rewards projects that contribute to the BNB Chain ecosystem by providing gas fee incentives to qualified participants. With a dedicated pool of USD 200,000 worth of BNB tokens each month, this program supports
564:: The launch of BNB Smart Chain marked the beginning of BNB Chain's journey, attracting a community of developers, users, and enthusiasts. Notable projects like PancakeSwap and Venus contributed to its growth.
553:: BNB Greenfield introduces a novel paradigm for data in the era of Web3. It aimed to empower users and participants within the BNB Chain ecosystem to take ownership of data, its usage, and monetization.
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535:(EVM)-compatible blockchain within the BNB ecosystem. It facilitates the creation of decentralized applications and smart contracts, bringing programmability and interoperability to the network.
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tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the
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and other developer infrastructure projects. With BNB Chain's commitment to free and open-source projects, this program empowers developers to make a significant impact and enrich the ecosystem.
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The platform provides features such as discoverability and rankings, in-depth analytics, featured listings, risk assessment, security features, and authentic reviews and ratings.
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Zero independent third-party RSes; entirely based on primary sources and crypto sites. Needs genuine substantial third-party mainstream coverage.
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the then
Binance Chain and fueled the establishment of the early Binance Smart Chain network, which was officially launched in September 2020 .
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This program provides essential tools and services grouped into a starter pack called BNB Chain
Kickstart, targeted at developers' needs.
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447:. In order to meet the notability criteria you will need to locate additional sources that are reliable, secondary and independent. ~
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576:: The AvengerDao Security Initiative enhanced security, privacy, and scalability. BNB Chain also launched zkBNB in the same year.
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of the BNB Chain ecosystem. It serves multiple functions, including acting as a transactional currency similar to gas on
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from experienced editors. These venues are only for help with editing and the submission process, not to get reviews.
499:. Holding BNB tokens provides users with the ability to participate in the decentralized governance of BNB Chain.
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570:: The Most Valuable Builder (MVB) program sought to encourage collaboration and innovation within the ecosystem.
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880:"Guest Post by BNB Chain: BNB Chain Martians Program: Community Organizers and Champions | CoinMarketCap"
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The BNB token, short for "Build and Build," is the native
791:"How Many Binance Coins Are There and How Many Are Left?"
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894:"BNB Chain Launches Grant Program for Web3 Builders"
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