Express

Binance Has Releases White Paper For A Smart Contract Blockchain

Ramsey Baker

Summary: Binance has published a white paper which details a new smart contract blockchain that it says offers a high-performance base-layer for decentralized apps. The exchange announced on Friday, that the new Binance Smart Chain (BSC) would work as a smart contract layer running parallel to its existing Binance Chain. The new blockchain is designed to ...

Binance has published a white paper which details a new smart contract blockchain that it says offers a high-performance base-layer for decentralized apps.

The exchange announced on Friday, that the new Binance Smart Chain (BSC) would work as a smart contract layer running parallel to its existing Binance Chain. The new blockchain is designed to have a matching engine capable of fast trade executions and a new consensus mechanism designed to combine fast confirmation times with strong on-chain governance.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Binance Has Releases White Paper For A Smart Contract Blockchain   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 15 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.