Let’s talk about native coins and tokens:
BNB was initially issued as an ERC-20 token on Ethereum in 2017. In 2019, it migrated to the mainnet of Binance Chain, which had launched at the time, and became a native coin.
Native coins are recorded and issued directly according to consensus rules, while token balances are recorded in the corresponding smart contract, with the rules determined by the contract’s code.
$ETH 2253.98(-1.65%)
The above is compiled from public information. Please verify it yourself.
BNB was initially issued as an ERC-20 token on Ethereum in 2017. In 2019, it migrated to the mainnet of Binance Chain, which had launched at the time, and became a native coin.
Native coins are recorded and issued directly according to consensus rules, while token balances are recorded in the corresponding smart contract, with the rules determined by the contract’s code.
$ETH 2253.98(-1.65%)
The above is compiled from public information. Please verify it yourself.