What is BNB smart chain (BSc)?

Launched by the cryptocurrency exchange Binance, BNB Smart Chain (BSC), previously Binance Smart Chain, is a blockchain network. It supports smart contracts and decentralized applications (DApps). BSC runs alongside the BNB Chain, previously Binance Chain.

Is Binance smart chain rebranded as BNB chain?

Update: Binance Smart Chain has rebranded as BNB Chain as of Feb. 15, 2022. Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications.

What is BNB and how does it work?

Secondly, BNB is used as “gas” with developers paying the token to deploy Smart Contracts on the Binance Smart Chain. BNB is also used to power the staking and validating activities that maintain the Binance Smart Chain, with stakers receiving rewards. All Binance Smart Chain validators are rewarded with transaction gas fees in BNB.

What is the price of BNB Binance coin (BSc)?

BNB Binance Coin (BSC) Price for today is $303.66. Its current circulating supply is bnb 159,979,964 with a market cap of $47,946,419,928.3. What is Binance Smart Chain Coin (BNB BSC)?