Binance released a whitepaper for its Web3 blockchain project. Binance Coin (BNB) will be used as gas and payment on the new network. According to a post by BNB Chain on 1 February, Binance has reportedly issued a whitepaper for its Greenfield Web3 storage project. Once the whitepaper was made available, it began the process […]
, and the BNB Smart Chain, which is used to deploy smart contracts, BNB Greenfield is a new decentralized storage blockchain.
The BNB Chain project’s core team is leading the charge on the testnet, with assistance from the community development teams at AWS, NodeReal, and Blockdaemon. Further, BNB Greenfield will be focusing on a distributed storage network with smart contract interfaces for Web3 applications. It will function as part of BNB Chain’s decentralized storage infrastructure, which provides end-users and decentralized applications full access to their data.Binance Coin will undoubtedly emerge as the winner of the whitepaper. Reportedly, BNB will function as the blockchain’s utility coin, and will be used as gas and payment for Greenfield’s storage.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nikki Haley planning Feb. 15 launch for 2024 White House bidNikki Haley reportedly set to announce White House bid on Feb. 15
Read more »
White House says Kamala Harris will attend Tyre Nichols' funeralVice President Kamala Harris plans to attend the funeral of Tyre Nichols, who died three days after he was beaten by Memphis police officers
Read more »
Apple and Google app stores get thumbs down from White HouseThe Biden administration is taking aim at Apple and Google for operating mobile app stores that it says stifle competition.
Read more »
U.S. escalates trade concerns over Canada’s online news and streaming billsDeputy United States trade representative Jayme White stressed ‘ongoing concerns’ about Bill-C11 and Bill C-18 at a meeting last week with Rob Stewart, Canada’s deputy minister for international trade
Read more »