Binance's Smart Chain (BSC) Increased Active Addresses 50x In Just One Month

Alex Dudov

Binance's Smart Chain has launched about a month ago, but there are already 50 times more active addresses.

Contents

Active Addresses at Binance's Smart Chain
Briefly About the Binance's Smart Chain

Active Addresses at Binance's Smart Chain

Binance's Smart Chain is based on the Ethereum network, but it is an independent network with its own tokens that can be moved from the Ethereum network. Since the structure is the same, addresses in the Ethereum network have the same addresses as in the Binance Smart Chain network.

The growth of active addresses in the BSC network is growing much faster, as users are deterred by large transaction sizes in the Ethereum network. The number of active addresses has increased 50 times over the past month, since the launch of the network, as the CEO of Binance reported on Twitter.

Trading Strategy

Source: The Tradable

Binance's Smart Chain (BSC) Transactions Are 35 Times Cheaper than Ethereum (ETH)

A month has passed since the launch of Binance Smart Chain. Transaction fees are 35 times cheaper than transactions on the Ethereum network

Briefly About the Binance's Smart Chain

Binance's Smart Chain is a Binance Network parallel blockchain that lets you develop smart contracts and a BNB offering mechanism. Any BNB's member or organization can gather interested parties to become a validator.

The introduction of the BSC will significantly broaden the use of Binance Chain and BNB, an Ethereum Virtual Machine-compatible blockchain that is ready to try for some of the top crypto-producing projects.

#Binance #CZ #BNB #Binance Smart Chain #BSC

Alex Dudov E-mail

Alex has been creating articles for several crypto projects for three years. He is interested in cryptocurrencies and financial markets, more so in cryptocurrencies.