BNB Smart Chain (BSC) is an L1 blockchain solution that runs in parallel to the Binance beacon chain (a Cosmos blockchain), which controls governance —staking and voting— for BSC.
Consensus Mechanism
Byzantine Fault Tolerant (BFT) Proof of stake authority (POSa)
Programming Language
BSC is written in Solidity, EVMs smart contract language. Solidity is a compiled language that allows EVM chains to have a fast runtime and user-friendly syntax.
Network Features
POSa
BNB Smart Chain uses a proof of stake authority (POSa) consensus mechanism. in a POSa environment, centralized authorities (Binance) elect the most appropriate validators to support the network. POSa defends against 51% of network attacks and allows for validators with the highest stakes to secure the network.
Dual chain architecture
Binance Beacon Chain runs on Tendermint, allowing it to employ advanced staking logic, and BNB Smart Chain (BSC) is an EVM-compatible chain where users can build and interact with decentralized apps (dApps). Binance’s dual chain structure grants users the high throughput and advanced logic of Tendermint while maintaining EVM compatibility.
Products
Streamflow offers secure token distribution and vesting for BNB Smart Chain (BSC) native projects.
Streamflow offers secure token distribution and vesting for BNB Smart Chain (BSC) native projects.
BSC-native teams can manage their treasuries using Streamflow’s multi-signature wallet.
Store your team's tokens for safekeeping, and distribute them efficiently when the time comes.