Binance Smart Chain
Binance Smart Chain (BSC) is a blockchain that runs in parallel to the Binance Chain.
Unlike Binance Chain, Binance Smart Chain offers smart contract functionality and compatibility
with Ethereum Virtual Machine (EVM), thereby providing a powerful ecosystem for decentralized
finance (DeFi). The dual-chain architecture of BSC facilitates the development of decentralized
apps and digital assets on one blockchain while ensuring fast trading and exchange of assets.
Furthermore, Binance Smart Chain offers one of the fastest blockchain transaction times and
lowest fee structures, making it an ideal option for building decentralized applications.