Binance'in Yeni Ağına Geçişi Hakkında Kapsamlı Bilgi | Kripto Kılavuz
Connect with us

Industry News

Comprehensive Information on the Transition to Binance's New Network

On April 23, it was decided to activate Binance Coin (BNB) in Binance Network

Binance, the world's largest crypto money exchange, is launching the new block chain Binance Chain. In a recent announcement, the company announced the dates to run Mainnet Swap. On April 23, Binance Coin (BNB), now operating in Ethereum, will be activated in the new network.

On April 18, Binance announced the launch of the Binance Chain, a block chain network. A few hours later, the stock market was announced by the Non-Central Stock Exchange (DEX).

 


According to the announcement, Binance Coin will be created in the genesis block.

On April 23, Binance's new network decided to activate Binance Coin. While the old Ethereum-based markers are destroyed, new BNB coins are created to help ensure continuous supply at Binance Chain.

He also gave information on how to manage the stock market BNB. The first total amount for the coins is 200 million, 48 million will freeze and burn at 11.654.398 Binance Chain.

The explanation from Binance:

Bin In order to convert the ERC20-based BNB, it will initially be allocated to 5,000,000 BNB binance.com, and these BNBs will be allocated to 148 addresses of Binance.com. In order to keep the BNB supply constant in total, Binance will burn 5.000.000 ERC20 BNB. When more users turn to BEP2 BNB, more BEP2 money will be released and a proportional amount of ERC20-based BNB will be burned while the total supply is kept constant on both networks. "

In addition, on April 23, Binance Chain Explorer and Web Wallet will be available and Binance.com will help users in the main network swap process. Users can obtain a Binance Chain address for their BNB withdrawal request and this withdrawal address serves as a mechanism for converting the ERC20 BNB tokens to the BEP2 BNB tokens into the Binance Chain for withdrawal.

Another option for users is to keep their BNBs on the address of 148 addresses belonging to Binance.com on April 23 at 2 am before 2 pm to keep the ERC20-based BNB tokens. After that, Binance.com will not support ERC20 BNB tokens.

 

More About Binance Chain

Binance Chain aims to facilitate faster coin supply and simple transfer of assets. Specially designed for DEXs with one-second block times with a large processing capacity. Binance Chain also focuses on performance, ease of use and liquidity.

Binance CEO Changpeng Zhao said:

Iyor With Binance Chain technology, the Binance DEX can handle the same transaction volume as Binance.com today. This solves problems facing speed and strength on many other decentralized exchanges. "

As for Binance DEX, it is based on the Peer-to-Peer (P2P) protocol and allows users to share their crypto assets directly with each other. The main advantage of Binance DEX is the matching system. The Binance DEX was also created in the aynı Tendermint Core ı, a high-power block chain engine with one-second block times, providing the same speed as the central changes.

 

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Source: Coinspeaker

Advertisement
Click to comment

Leave a Reply

Your email address will be published. Required fields are marked *

Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Continue Reading

Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Source: Cointelegraph

Continue Reading

Blockchain News

Visa Launches Global Cross-Border Payment Network for Some Aspects of Blockchain

Visa, Blockchain'in Bazı Yönlerine Yönelik Global Sınır Ötesi Ağı Başlattı

Visa, the US payment giant, has launched a cross-border payment network derived from some aspects of Blockchain technology.

“Visa B2B Connect” The network is designed to facilitate international exchanges by global financial institutions, enabling direct interbank payments between businesses.

 Visa's Global Cross-Border Payment Network

According to the report, the network already includes 30 trade channels worldwide to enable faster and cheaper cross-border payments and is expected to expand to 90 markets by the end of 2019.

Visa B2B Connect includes elements of the open source distributed accounting technology (DLT) Hyperledger, which was developed in part by a group led by the Linux Foundation. blockchain technology.

Kevin Phalen, managing director of Visa Business Solutions, reported in particular that some aspects of blockchain technology are used because of the ability to transfer more data on a payment than any existing payment system.

The network is a collaboration with e-payment operator Bottomline Technologies and fintech, FIS, as well as collaboration with the world-class IBM. It was reported that Visa initially worked with a cryptographic notebook systems manufacturer to improve the product.

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Source: Cointelegraph

Continue Reading
Advertisement

Current Chart

Click for More

Don't forget to follow us on Twitter

Popular Topics

Don`t copy text!
en_USEnglish