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Review on Binance Coin by Chidi Umelo
BNB’s Name-Value Storage is a simple yet powerful concept that allows you to…
BNB’s Name-Value Storage is a simple yet powerful concept that allows you to store arbitrary data within the blockchain. This has already allowed a range of distributed services, from a decentralized network. Although BNB supports traditional PoW mining and merged mining with Bitcoin, its main mechanism is Proof-of-Stake mining. This eliminates the “arm’s race” for mining capacity.
Pros
- BNB is an open-sourced peer-to-peer cryptocurrency which forked from Peercoin in 2014. It uses both Proof-of-Stake and Proof-of-Work mining protocols. Developers describe BNB as more of a development platform than a cryptocurrency
Cons
- BNB also benefits from an active and creative user community, where users come together and discuss ideas, Great team and community no problems.
