Asked several times, so I might as well write it here.
BSC launched in September 2020, originally named Binance Smart Chain, and was renamed BNB Smart Chain in 2022.
On BNB Chain, BNB is used both as the gas token and for validator staking, with its use cases directly tied to on-chain activity.
On BNB Chain, transfers and contract calls settle gas fees in $BNB .
Have you ever misunderstood this point before?
#BNB
BSC launched in September 2020, originally named Binance Smart Chain, and was renamed BNB Smart Chain in 2022.
On BNB Chain, BNB is used both as the gas token and for validator staking, with its use cases directly tied to on-chain activity.
On BNB Chain, transfers and contract calls settle gas fees in $BNB .
Have you ever misunderstood this point before?
#BNB