BNB Chain&rsquo;s mission is to build the infrastructure powering the world&rsquo;s parallel virtual ecosystem, and BNB Chain&rsquo;s commitment to the community is that it will be:&nbsp;<ul style="margin-top:0;margin-bottom:0;padding-inline-start:48px;"><li dir="ltr" style="list-style-type:disc;background-text-decoration:none;vertical-align:baseline;white-space:pre;">Open</li><li dir="ltr" style="list-style-type:disc;background-text-decoration:none;vertical-align:baseline;white-space:pre;">Multi-chain</li><li dir="ltr" style="list-style-type:disc;background-text-decoration:none;vertical-align:baseline;white-space:pre;">For creators and inventors</li><li dir="ltr" style="list-style-type:disc;background-text-decoration:none;vertical-align:baseline;white-space:pre;">Permissionless</li><li dir="ltr" style="list-style-type:disc;background-text-decoration:none;vertical-align:baseline;white-space:pre;">Forever decentralized</li></ul> BNB Chain is comprised of:&bull; BNB Beacon Chain (previously Binance Chain) - BNB Chain Governance (Staking, Voting)&bull; BNB Smart Chain (BSC) (Previously Binance Smart Chain) - EVM compatible, consensus layers, and with hubs to multi-chains BNB (formerly known as Binance Coin) stands for &ldquo;Build and Build.&rdquo; Along with &ldquo;fueling&rdquo; transactions on BNB Chain (similar to gas on Ethereum), BNB also acts as a governance token. Holding BNB gives you the right to make your voice heard and is necessary to participate in BNB Chain&rsquo;s decentralized on-chain governance. With this name change also comes more advancements to benefit users, projects and developers connected to the BNB Chain community.

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BNB Chain

BNB Smart Chain (BSC), formerly Binance Smart Chain, is a blockchain network launched by the cryptocurrency exchange Binance. It is interoperable with smart contracts and decentralized applications (DApps). BSC runs alongside the BNB Chain, originally known as the Binance Chain.

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BNB Chain - Hackathons

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