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When did Binance Smart Chain first become available?

avatarHays MelgaardDec 26, 2021 · 3 years ago3 answers

Can you provide some information about the availability of Binance Smart Chain? When was it first launched and made accessible to users?

When did Binance Smart Chain first become available?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Binance Smart Chain was first made available to users on September 1, 2020. It was launched as a parallel blockchain to Binance Chain, offering smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). This allowed developers and users to leverage the benefits of both Binance Chain and Ethereum, such as low fees and a wide range of decentralized applications (dApps). Since its launch, Binance Smart Chain has gained significant popularity and has become a prominent platform for DeFi projects and token swaps.
  • avatarDec 26, 2021 · 3 years ago
    The Binance Smart Chain became accessible to users in September 2020. It was introduced as a blockchain platform that runs parallel to Binance Chain, providing smart contract capabilities and compatibility with the Ethereum Virtual Machine (EVM). This integration allows developers to easily port their Ethereum-based projects to Binance Smart Chain, taking advantage of its high performance and low transaction fees. Since its launch, Binance Smart Chain has seen rapid growth and has become a popular choice for decentralized finance (DeFi) applications.
  • avatarDec 26, 2021 · 3 years ago
    Binance Smart Chain (BSC) was launched on September 1, 2020, as a blockchain platform that operates alongside Binance Chain. It was designed to provide a scalable and efficient infrastructure for decentralized applications (dApps) and smart contracts. Binance Smart Chain offers compatibility with the Ethereum Virtual Machine (EVM), enabling developers to easily migrate their Ethereum-based projects to the BSC ecosystem. With its low fees and fast transaction processing, Binance Smart Chain has gained traction in the DeFi space, attracting numerous projects and users.