Top.Mail.Ru
empty
16.02.2022 07:08 PM
Binance Smart Chain and Binance Chain are making a grand unification into one blockchain called BNB Chain

This image is no longer relevant

Binance Smart Chain and Binance Chain are making a grand unification into one blockchain called BNB Chain. This merger will help the blockchain process transactions even faster, reduce the cost of transactions to the maximum, and scale even more.

BNB Chain will create a parallel virtual ecosystem infrastructure using the MetaFi concept. Also, its own proprietary BNB token will work on this blockchain.

Now the name of the blockchain will not have a direct connection with Binance, and the blockchain will bear the name of their proprietary BNB token. BNB Chain will be functioning in the very near future, which will simplify and make transactions within the network incredibly fast and cheap.

The blockchain will include various multifunctional and highly adaptable applications, including GameFi, SocalFi, and various other Defi applications.

After this unification of the two chains into one common network, there will also be an expansion of the set of validators from 21 years 41.

Sami Karim, the coordinator of the blockchain ecosystem, is confident that this integration of the blockchain into one chain will allow even more scaling and make the blockchain as accessible and popular as possible for each user.

This blockchain will be a real inhabitant for various kinds of applications and Defi projects, they will function under the same flag.

Sami Karim is confident that the metaverse will be a unique digital ecosystem that provides continuous, as well as incredibly fast compatibility between applications and the blockchain.

BNB Chain will be a real people's network and compared to the Ethereum network, it will have incredibly low fees and fast transaction speed.

Vitaly Kolesnikov,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Vitaly Kolesnikov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations for the Cryptocurrency Market on August 7

Bitcoin remains within a newly formed sideways channel, once again attempting yesterday to break above the 115,500 level. Ethereum also shows resilience, which is confirmed by recent activity metrics

Miroslaw Bawulski 08:48 2025-08-07 UTC+2

SEC no longer considers staking offer or sale of securities

Bitcoin is hitting lows more often than it is reaching local highs. Every major rally is followed by slow and steady sell-offs, a pattern that suggests a broader crypto market

Jakub Novak 11:28 2025-08-06 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 6

Bitcoin continues to trade within a new sideways channel, and its inability to hold above $115,000 indicates a high likelihood of continued correction. Another decline toward the $112,000 level

Miroslaw Bawulski 09:14 2025-08-06 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 5

Yesterday's failure to break above the $115,000 level—even amid a strong correction observed in the second half of the day—suggests that Bitcoin's decline may continue and that larger pullbacks toward

Miroslaw Bawulski 09:03 2025-08-05 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 4

Bitcoin and Ethereum started August on a rather bearish note. Following a sharp drop in the U.S. stock market last Friday, the cryptocurrency market also moved downward, once again demonstrating

Miroslaw Bawulski 09:28 2025-08-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 1

Bitcoin and Ethereum saw a significant decline, ending the month with profit-taking. Despite the correction, July was fairly positive—especially for Ethereum, which gained over 49% in price. Bitcoin rose

Miroslaw Bawulski 09:34 2025-08-01 UTC+2

Bitcoin plunges to around $114,300, while Ethereum tests $3,615

The beginning of the new month has been relatively carefree, considering that just earlier this week, Bitcoin was trading near $120,000. Now, it's crucial to see whether large players will

Jakub Novak 09:25 2025-08-01 UTC+2

Will Cardano continue its decline and reach its nearest support level? Friday, August 01, 2025.

Cardano – Friday, August 01, 2025. With the EMA (5) which is below the EMA(200) and the RSI (14) indicator at Extreme Bearish levels, Cardano has the potential to experience

Arief Makmur 08:02 2025-08-01 UTC+2

Could Polkadot continue the path to its support level? Friday, August 01, 2025.

Polkadot – Friday, August 01, 2025. Sellers are quite dominant in the Polkadot cryptocurrency, as confirmed by the Death Cross EMA position and the RSI(14) indicator in Extreme Bearish conditions

Arief Makmur 08:02 2025-08-01 UTC+2

First US crypto policy report opens new era

Bitcoin briefly dipped following the Fed's recent decision but quickly rebounded, maintaining its range-bound trade between $116,000 and $120,000. This sideways movement may soon lay the groundwork for a breakout

Jakub Novak 11:33 2025-07-31 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.