Binance Smart Chain (BSC) has been a wortwhile competitor to Ethereum, attracting substantial interest from various stakeholders.
Now, BEPRO Network is also deploying onto BSC, rolling out its dedicated EVM compatible codebase on the chain.
To better understand what BSC has to offer, you need to understand what it is. In essence, BSC is Binance's EVM compatible smart contract blockchain. BSC strikes a balance between centralized and decentralized solutions, making it more scalable and cheaper for users.
With Ethereum gas prices having been an issue for some time, turning to an equivalent chain is the workaround solution these days. Therefore, any apps used on BSC are cheaper than those that use traditional BSC solutions.
BSC also uses a BEP-20 standard which allows it to “wrap” tokens into a fungible standard that can be exchanged with ease. So, what's the big news for BEPRO Network on BSC, then? Thanks to this launch, BEPRO can enhance its codebase for various assets, such as:
- Prediction markets
Because BSC will require $BEPRO ownership to use BEPRO, the company is creating a two-way bridge for $BEPRO between Ethereum's ERC-20 standard and BSC's BEP-20 standard. This is just one of the updates BEPRO Network is planning with more coming down the road.