The Binance Smart Chain (BSC) was developed as a means to utilize solidity-based smart contracts with much greater speed and efficiency than other competing chains. With decentralized exchanges on the BSC
The advantages of the Binance Smart Chain are:
It is a proprietary blockchain, which will provide security and protection to all users and developers.
Its dual-chain native interoperability will enable cross-chain communication and scaling of high-performance dApps that demand a fast and smooth user experience. It is EVM compatible and will support all existing Ethereum tools along with faster and cheaper transactions.
Its Proof-of-Authority Consensus Chain Governance, based on 21 validators that validate transactions, will provide decentralization and allow for meaningful community involvement.