πŸ“ŒWhat is BINANCE SMART CHAIN?

Binance Smart Chain (BSC) is a high-end blockchain infrastructure created by Binance, one of the world leaders in providing blockchain solutions. Binance Smart Chain was designed to fulfill the same purposes as Ethereum - the ability to launch tokens, smart contracts and decentralized applications - but with a much better efficiency. While the Ethereum network uses a token format called ERC-20, the BSC blockchain has its original, innovative token format: BEP-20. Tokens utilizing the BEP-20 format can be purchased, sold and transferred with the fees that can be 30-100x lower compared to Ethereum fees. Not only the fees, but also the transaction times of Binance Smart Chain are much lower than Ethereum’s. Overall, BSC is simply a much

more effective solution than ETH. Since dogemoon is an ecologically- oriented project, choosing the more energy-efficient solution was the obvious choice to make.

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