Many developers believe, that the network Blockchain Blockchain It is gradually becoming obsolete, as more and more projects are shifting their bases to their alternative networks, despite the popularity of Ethereum Blockchain Ethereum Blockchain.
This eventually led to the resort to a series Binance.
The transaction rate was slow in Ethereum And the height of the customs GAS This is what caused this gradual transformation, due to slow transactions and high fees for GAS Ethereum to network congestion.
GAZ: An acronym for the fee required to complete a transaction on the Ethereum network.
working network Ethereum on protocol proof of work PoWAnd it's slowly moving toward a proof-of-stake protocol PoS.
However the current algorithm is not able to handle the current number of transactions coming on its way.
As a result, transactions are still pending, and the speed of transactions decreases as the fee increasesGASFortunately, the crypto ecosystem in return, after all, remains a safe haven for progress and innovation.
It also developed a series Binance that started with the cipher exchange, Blockchain its own bBinance Smart Chain, Which soon became a network Go to Blockchain for developers.
Read also: Brian Schroeder, CEO of Binance.US
Binance Chain, the fastest growing blockchain
series has been launched Binance Smart in September 2020It now hosts many projects, and is rapidly growing into the largest network Blockchain.
It is designed to work in parallel with series Binance Blockchain Current and local, assists running techniques Blockchain Simultaneously, it brings smart contract functionality to the network, without compromising the speed of the main network.
A series has been developed Binance Clearly smart to solve the fee ofGAS growing in Ethereum, offering faster and cheaper transactions.
I also tried many techniques Blockchain Alternative in the past, get rid of Ethereum, but was unable to succeed in attracting interest in the new project.
However, hosts a series Binance Smart many projects Blockchain AndDeFi Cryptography, one of these projects includes Sphinx Sphynx Promising, aiming to provide a solution All in one Laltadawal, Walrnah, Walzarah and Wazirhat.
Uses Sphinx Series Binance Smart to enable fast, cheap and secure transactions, and to provide interoperability across the chain, within the ecosystem.
And what separates the series Binance smart and other Ethereum killers It is a power consensus algorithm, which creates a perfect balance between decentralization and high performance.
A mechanical possibility can be hinted at PoSA . Proof of Stake by the fact that Binance 21 Investigative only, compared to 11 thousand knots Ethereum.
In addition, allocate a bank Binance، one hundred million USD for projects that commit to building on the bank, such as the parent company Binance Launchpad Binance Launchpad.
Apart from that, advance Binance Also various features such as wallet Binance، Testnet Fawcett Testnet Faucet، explorer Explorer And IDI HERE.
The double-string structure enables a chain Binance Users, from building decentralized applications on Blockchain One, taking advantage of the fast trading services of Technologies Blockchain other.
Read also: With the help of the Blockchain… Strong Node and OGLife Offer Adults the Opportunity to Play and Win
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