Is Binance smart Chain proof-of-work?

BSC’s native token, the Binance Coin (BNB), can be staked to contribute to network security and vote on community governance protocols. Its PoS model also enables it to process transactions faster, putting it above networks that still implement full proof-of-work (PoW) systems .

Sizin İçin Seçtik  Does Binance smart chain have a future?

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Is Binance smart Chain proof of work?

BSC’s native token, the Binance Coin (BNB), can be staked to contribute to network security and vote on community governance protocols. Its PoS model also enables it to process transactions faster, putting it above networks that still implement full proof-of-work (PoW) systems .

Sizin İçin Seçtik  What is Binance smart chain network?

Leave a Reply

Your email address will not be published. Required fields are marked *