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Binance Smart Chain (BSC) is an Ethereum compatible blockchain that offers the same smart contract features at much lower transaction fees. One of the main advantages of BSC is the lightning speed of transaction processing. At the same time, the blockchain is somewhat centralized. Since January 2021, the number of BSC users has grown significantly thanks to its worldwide presence, generous support fund, and ease of use.
The DappRadar annual report assumes that 2022 will be the year of the Metaverse, citing changes in recent market trends. Although the crypto industry is currently going through a grim period, it has been a record year for blockchain technology. DappRadar, a kind of app store for decentralized apps (DApps) and non-fungible tokens (NFTs), recently published […]
Polygon (MATIC) has decided to follow other deflationary networks like Ethereum and Binance Smart Chain (BSC). According to an announcement made on December 14, the EIP-1559 upgrade will be implemented in a polygon test network in Mumbai. EIP-1559 (Ethereum Improvement Proposal) is an upgrade that was part of Ethereum’s London Hark-Fork in August. It limits transaction fees […]
Binance, the world’s biggest digital asset trading platform by transaction volume, has earmarked the sum of $1 billion to fund growth initiatives in the crypto ecosystem. While the fund is billed to serve as a bigger compliment to its earlier growth initiatives, the trading outfit noted that the new funds would be administered under four distinct categories, […]
The decentralized finance (DeFi) sector took the world by storm in 2020 after its value grew by fourteen times. Its presence in the crypto space continues to be felt as its value continues to skyrocket. According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208 billion. Ethereum […]
Cryptocurrency-driven Crypto Charity Elongate announced Friday to donate $25,000 to Malala Fund as a seed funding. Crypto Charity Elongate released a statement, saying the donation will be the first-round seed of donations to the fund. Elongate is a cryptocurrency token on the Binance Smart Chain. About 10% of transaction fee rewards holders donate significant sums to charity […]