Welcome to the world of Binance Smart Chain. This is the ultimate beginner's guide to the two most powerful cryptocurrencies in the world: Binance Coin (BNB) and Binance Smart Chain (BSC).
If you're new to the world of cryptocurrencies, then this guide is for you. We'll explore the basics of Binance Smart Chain and its benefits. Since we can't talk about blockchain without talking about smart contracts, we'll see what a smart contract is and especially how hackers were able to use this smart contract to hack and kneecap the DeFi Ring Financial, which was one of the most promising DeFi with a good project.
So, let's get started with the basics of BNB Smart Chain.
What is Binance Smart Chain?
Binance Smart Chain (BSC) is an Ethereum-compatible blockchain that is powered by the BNB token. It is a decentralized platform that enables developers to create smart contracts and decentralized applications (DApps).
BSC is a fast, secure, and low-cost blockchain, and i...