Difference Between BSC and BNB
The blockchain niche is becoming increasingly popular over time. Keeping up with the industry’s new developments and releases can be difficult. Binance has long been a leading cryptocurrency exchange, and it recently introduced two new blockchains: Binance Chain and Binance Smart Chain. What are the distinctions between them, and what can you do with them? What precisely is the Binance Smart Chain? Binance Smart Chain is a distinct blockchain created in response to programmability limitations in the original Binance Chain. Binance Smart Chain, despite its youth, will not be a replacement for Binance Chain. Even though the Binance Smart Chain is newer, it will coexist with the original Binance Chain. Binance Chain was created in response to its lack of programmability. As a result of the new blockchain, it now has EVM-compatible programmability. Binance Smart Chain employs Proof of Stake Authority (PSA). A Proof of Stake Agreement (PSA) is a variation of the original Proof of Stake me