BNB to Migrate from the Ethereum Network to Binance Chain Within Two Weeks
Binance is close to launching its own blockchain. Binance Chain is expected to make its debut "in the next week or two," according to Binance CEO Changpeng “CZ” Zhao cited in reports. At that time, Binance Coin (BNB) will migrate from the Ethereum Network onto Binance’s own blockchain. Binance Chain, which is the network behind Binance’s new decentralized exchange, will use the delegated proof-of-stake algorithm. "It’s going to be more like NEO or even Ripple -- smaller number of nodes and each node will be rather large,” said CZ, who reportedly expects that other tokens will be moving away from ERC-20 and onto Binance Chain.
Info source: dailyhodl.com
More read: https://dailyhodl.com/2019/02/07/binance-ceo-compares-his-new-blockchain-to-xrp-and-neo-says-move-away-from-ethereum-coming-in-the-next-week-or-two/
Image source: medium.com/ bitguru.co.uk
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