Binance Smart Chain
SafePal is excited to announce the support for the upcoming Binance Smart Chain (BEP20). The Binance Smart Chain also known as BEP20 is a parallel blockchain that will operate alongside the Binance Chain (BEP) to provide different services. The Binance Smart Chain is a standalone blockchain technology that is Etherum compatible to support the ongoing mature ETH communities and most Dapps within its ecosystem components. It has also incorporated staking based consensus and governance to coincide with native cross-chain communication.
Other benefits of the new Binance Smart Chain includes the following as mentioned by Binance.