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Why is Binance Chain so great? BNB, the real value has just begun. ” The strength of BNB Chain is mainly reflected in the following aspects:  1. High performance and low cost Binance Chain uses the Proof of Stake Authoritative Consensus (PoSA) mechanism, with a block generation time of only 3 seconds, much faster than Ethereum’s 12 seconds, and transaction fees are extremely low, usually only a few cents. This makes it ideal for high-frequency trading and micropayments, especially for DeFi and GameFi applications. 2. Compatible with Ethereum Supporting the Ethereum Virtual Machine (EVM), developers can directly deploy smart contracts on Ethereum to the Binance Chain, lowering the development threshold and attracting a large number of project migrations, such as popular applications such as PancakeSwap. 3. Ecological prosperity It has a wealth of DeFi, NFT and GameFi projects, such as PancakeSwap, Venus, etc., and its average daily transaction volume ranks among the top three public chains. Its monthly active addresses exceed 60 million, forming a huge user and developer community.  4. Deflation mechanism BNB (the native token of Binance Chain) adopts an automatic destruction mechanism. As the price rises, the amount of destruction increases, scarcity increases, and the value increases. 5. Binance ecological support As the underlying chain of the world's largest crypto exchange, Binance provides it with traffic, funds and compliance resources, such as fee discounts, new currency mining, airdrop benefits, etc., which enhances user stickiness. 6. Compliance and innovation Actively embrace compliance and launch RWA (real world assets) projects, such as tokenized treasury bonds, on-chain gold, etc., expanding application scenarios and increasing market recognition.  However, Binance Chain also faces challenges such as a high degree of centralization and regulatory pressure. Its advantages lie in high efficiency, low cost and ecological vitality, but investors need to pay attention to risks. Behind the seemingly huge market value of BNB, in fact, less than one-tenth of the total amount is actually in circulation. With very little circulation and strong market control capabilities, BNB has become the “easiest to drive up” among mainstream coins. You don’t need a huge amount of funds to move the price - this is not a guess, but a reality told by the data on the chain.  |
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