Blockchain protocols

Discover key facts and figures about major blockchain protocols that are empowering transformations across industries.

Based on Go Ethereum, run BNB Smart Chain nodes to deploy and interact with smart contracts on the mainnet or testnet.

Explore the features

Consensus	Proof of Staked Authority (PoSA)
Public / Private / Permissioned	Public
Smart contracts	Yes
Smart contract language(s) supported	Solidity, Vyper
Transaction privacy	No
Transaction visibility	All participants have access to all entries ever recorded.
Transaction ordering	All validating participants must reach a consensus over the order of all transactions that have taken place, irrespective of whether a participant has taken part in a particular transaction or not.
Version	Geth 1.0.6

Fault tolerance

BNB Smart Chain is a proof of staked authority consensus model secured by 21 validators.

Performance

As a proof-of-stake protocol, BNB Smart Chain is performing fast at about 3 seconds per block.

Suggestions for use with consortia

Use BNB Smart Chain:

to anchor private blockchain data
for cryptocurrency mining/exchanges
to publish transactions for the public to view

Industry use case

EVM-compatible smart contracts and a bridge for digital assets from the Ethereum network.

What’s next?

Start today with an elastic or dedicated BNB Smart Chain node.

Try BNB Smart Chain on Chainstack for free

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