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BNB Chain
BNBPublic

BNB Chain

Symbol

BNB

Type

Public

Consensus

Proof of Staked Authority

Launch Date

01-09-2020

Founder(s)

Binance

Developer

BNB Chain Core Team

About BNB Chain

BNB Chain (formerly Binance Smart Chain) is an EVM-compatible blockchain ecosystem built by Binance. It consists of the BNB Beacon Chain for governance and staking, and the BNB Smart Chain for smart contract execution. Known for low transaction fees and fast block times, BNB Chain hosts a large ecosystem of DeFi protocols including PancakeSwap, Venus, and BiSwap. The network uses a Proof of Staked Authority consensus mechanism and supports cross-chain interoperability with Ethereum and other networks.