Is Binance and BSC the same?

Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs in parallel with Binance’s native Binance Chain (BC) , which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC.

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Is BNB Smart chain BSC?

Binance Smart Chain (BSC), an open-sourced and decentralized blockchain ecosystem , on Wednesday announced its rebrand to BNB chain. BNB stands for “Build and Build” (formerly called Binance Coin), and is the blockchain gas token that “fuels” transactions on BNB Chain, according to the official statement.

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