Binance Smart Chain and Binance Chain are making a grand unification into one blockchain called BNB Chain. This merger will help the blockchain process transactions even faster, reduce the cost of transactions to the maximum, and scale even more.
BNB Chain will create a parallel virtual ecosystem infrastructure using the MetaFi concept. Also, its own proprietary BNB token will work on this blockchain.
Now the name of the blockchain will not have a direct connection with Binance, and the blockchain will bear the name of their proprietary BNB token. BNB Chain will be functioning in the very near future, which will simplify and make transactions within the network incredibly fast and cheap.
The blockchain will include various multifunctional and highly adaptable applications, including GameFi, SocalFi, and various other Defi applications.
After this unification of the two chains into one common network, there will also be an expansion of the set of validators from 21 years 41.
Sami Karim, the coordinator of the blockchain ecosystem, is confident that this integration of the blockchain into one chain will allow even more scaling and make the blockchain as accessible and popular as possible for each user.
This blockchain will be a real inhabitant for various kinds of applications and Defi projects, they will function under the same flag.
Sami Karim is confident that the metaverse will be a unique digital ecosystem that provides continuous, as well as incredibly fast compatibility between applications and the blockchain.
BNB Chain will be a real people's network and compared to the Ethereum network, it will have incredibly low fees and fast transaction speed.
