Binance chain (BNB)
Binance Chain is a blockchain software system developed by Binance and its community. Binance DEX refers to the decentralized exchange features developed on top of Binance Chain. Binance Chain and DEX are an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.
Binance Chain Videos
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Binance Chain (BNB)
Binance Chain enables issuance, transfer and trading of blockchain assets.
Website
Whitepaper
Source code
Explorer
Consensus: PoS-BFT
Hash algorithm: SHA 256
Block time: 1 second
Max supply: ≈187.5 Million
Circ. supply: ≈155.5 Million
Transaction cost: 0.0003 BNB
Block reward: Transaction cost
Mainnet: April 2019
Main use case:
Payment, Exchange
Community & Communication:
Contact Binance
Announcements
Telegram
Forum
Twitter
Exchanges
The story of Binance Chain
Binance is a rapidly scaling global cryptocurrency exchange. Binance Chain is launched as part of Binance’s effort to push the industry forward, to empower community growth and to foster the long-term vision of peer-to-peer trading. The absence of central custody of funds shall offer users more control over assets in the long-term and enable a trustless and transparent financial system.
Non-technical Binance Chain onboarding resources
These resources help you to get to know Binance and Binance Chain. Binance chain onboarding resources help you understand how Binance Chain works. Binance Chain is a fork of Tendermint/Cosmos and more information can also be found there.
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How can you join and contribute
- Join the community on the Forum
- Join the community on Telegram
- Join the community on Twitter
- Use the Binance DEX
- Issue your own Token
New updates and discussion is mostly in here.
Binance Chain Onboarding Resources for technical people
These resources help you to get to know Binance Chain on a technical level and to start working with it. After going through the Binance Chain resources you’ll understand more about exchange trading and you’ll be able to participate in the network and integrate with the exchange.
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Available Tooling
Available tooling is part of Awesome Binance Chain docs.
How can you join and contribute
Governance in Binance Chain
Originally Binance and trusted blockchain industry partners, BNB stakers and validators are involved in the governance process. Binance aims to gradually decentralize the Binance chain governance. Binance Chain has already its own built-in governance module. Anyone can submit a proposal to add a new trading pair upon deposition a certain BNB amount. Then, the proposal will be up vor a vote among BNB holders.
More about the Binance Chain governance process can be found here.