BSC is a smart contract platform that is built on the Ethereum blockchain. It is a decentralized platform that enables developers to build and deploy decentralized applications.
BSC uses the Ethereum Virtual Machine (EVM) to execute smart contracts.
BSC is a scalable and user-friendly platform that provides high throughput and low transaction costs. It is also compatible with Ethereum’s ecosystem and tools.
NOTE: The BSC (Binance Smart Chain) is not built on Ethereum. While it does use the same EVM (Ethereum Virtual Machine) and is compatible with Ethereum, it is an entirely separate blockchain network. To use BSC, users must acquire BNB (Binance Coin) to pay for transaction fees, which can only be done on the Binance decentralized exchange. Attempting to use Ethereum-based tokens or smart contracts may result in unexpected errors or losses.
BSC is an ideal platform for building decentralized applications that require high scalability and low costs.
Yes, BSC is built on Ethereum. BSC provides a high-performance and low-cost platform for deploying decentralized applications.
It is also compatible with Ethereum’s ecosystem and tools, making it an ideal choice for developers who want to build scalable and user-friendly applications.
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