Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Binance Chain BSC tokens - BEP20 => Topic started by: MelindaRichards on June 16, 2022, 02:12:07 PM
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Nowadays, crypto tokens are popular in the world. Tokens can be used for investment purposes, to store value, or for trade. There are many open source blockchains available for crypto token creation. Among them, Binance smart chain(BSC) is one of the popular and trending blockchains. The binance smart chain has token standards for crypto token development, smart contract development, dapp development, etc. In that regard, BEP20 and BEP721 are prominent token standards among startups.
BEP20 Token Standard
BEP20 is the Token standard of the Binance smart chain, which is similar to Ethereum's ERC20 token standard. The BEP20 token standard has certain rules that all tokens on the BSC must follow. Besides, this BEP20 standard is used for creating Smart contracts, DApps, and more. The BEP20 token standard on BSC applies to any token that is developed or created on the BSC platform. Examples of such tokens are utility tokens and stablecoins.
BEP20 Token
BEP20 Token is a crypto token developed from the Binance smart chain blockchain which is presently trending on the global market. It is the updated version of BEP-2 tokens. It has specialized technical features and it is used for various use cases. Such as fundraising, micropayments, and more.
Here is the list of Top BEP20 Tokens
BUSD
CAKE
BAKE
SAFEMOON
C.R.E.A.M
SXP
By looking into these token successes, many startups are inspired to launch BEP20 tokens on Binance smart chain for reaping more profits.
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BEP20 is the standard for creating tokens on BSC, or using Binance Smart Chain development. Tokens are a valuable component of any blockchain-based system, dApp, platform, or economy. They facilitate the movement of value and help track every activity on the blockchain.
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I think BNB is one of the very top tokens and may flip Ethereum one day(big MAY). However the thing is Chengpeng Zhou has a lot of centralization going on, and that stands against what cryptocurrency is all about, which is decentralization and no-control
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BSC is the top dog these days, along with Ethereum. However in terms or EVMs, I would tip upcoming ones like Cronos over long standing staples like Fantom or Polygon. This is because cronos is quite good in defi properties and usage
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Blockchain, the smart chain picker, has now become the favorite of today. Which is the biggest reason. Its cheap fee. It has developed a lot from time to time. As everyone is getting attracted towards the Binance. By the way, BSc is progressing its technology.
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Starting as just a native coin for the Binance platform, BNB is now a very recognizable digital asset in the entire crypto marketplace. One reason for the rise of BNB is the high gas fees of Ethereum which is still not yet back to normal even at this current winter period of the market cycle. And aside from that, BNB is really doing all it can to answer the needs of the many and has been a good hub of many innovations.
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Binance Smart chain platform has become more popular at the moment, most of the projects are using it at this time. Its transaction is fast and the fees on it are also nominal.
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Nowadays, crypto tokens are popular in the world. Tokens can be used for investment purposes, to store value, or for trade. There are many open source blockchains available for crypto token creation. Among them, Binance smart chain(BSC) is one of the popular and trending blockchains. The binance smart chain has token standards for crypto token development, smart contract development, dapp development, etc. In that regard, BEP20 and BEP721 are prominent token standards among startups.
BEP20 Token Standard
BEP20 is the Token standard of the Binance smart chain, which is similar to Ethereum's ERC20 token standard. The BEP20 token standard has certain rules that all tokens on the BSC must follow. Besides, this BEP20 standard is used for creating Smart contracts, DApps, and more. The BEP20 token standard on BSC applies to any token that is developed or created on the BSC platform. Examples of such tokens are utility tokens and stablecoins.
BEP20 Token
BEP20 Token is a crypto token developed from the Binance smart chain blockchain which is presently trending on the global market. It is the updated version of BEP-2 tokens. It has specialized technical features and it is used for various use cases. Such as fundraising, micropayments, and more.
Here is the list of Top BEP20 Tokens
BUSD
CAKE
BAKE
SAFEMOON
C.R.E.A.M
SXP
By looking into these token successes, many startups are inspired to launch BEP20 tokens on Binance smart chain for reaping more profits.
Binance Smart chain platform is very popular now, many projects are on it. Transactions are fast and no fee.
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BNB.
Pancakeswap.
Binance USD (BUSD)
C.R.E.A.M.
BURGER.
BUX.
Swipe.
Venus.
Besides, this BEP20 standard is used for creating Smart contracts, DApps, and more. The BEP20 token standard on BSC applies to any token that is developed or created on the BSC platform.
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my top bep20 tokens are:
- obviously FATCAT its the token i started ;D
- BNB
- CATS
- CAKE
- BSW
- BFG
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There are many Bep20 tokens, and beware of new tokens, some tokens are created for fraud or dusting attacks.
If you have a wallet, then look there are lots of new tokens that you didn't buy, suddenly there is your wallet.
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The list of tokens are too many, because almost every week a new token is launch on the Binance smart chain(Bsc). The Binance smart chain network has attracted many new start up projects and I think many more projects will be launching there in near future. One of the reasons Binance smart chain network has become very popular is due to it's low transaction fees, and there is minimum traffic.
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BSC platform all coins are getting more success nowadays, so popular among users that gas fee is low, fast transaction, security complete transaction is increasing day by day among users. In particular, I do all transactions on this BSC platform, the most secure full transaction that currently has a wide user base and is constantly being used in projects. Binance Smart Chain is the second most popular Bitcoin transaction.
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BSC platform all coins are getting more success nowadays, so popular among users that gas fee is low, fast transaction, security complete transaction is increasing day by day among users. In particular, I do all transactions on this BSC platform, the most secure full transaction that currently has a wide user base and is constantly being used in projects. Binance Smart Chain is the second most popular Bitcoin transaction.
Even though BSC currently has a superior network, I hope not to calm down because currently there is a Solana network that has started to be active and has much faster transaction speeds than Binance Smart Chain, and of course transaction fees are still very cheap. This is why Binance must not remain calm and must keep running so that its technology is not easily overtaken by other platforms.
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BSC platform all coins are getting more success nowadays, so popular among users that gas fee is low, fast transaction, security complete transaction is increasing day by day among users. In particular, I do all transactions on this BSC platform, the most secure full transaction that currently has a wide user base and is constantly being used in projects. Binance Smart Chain is the second most popular Bitcoin transaction.
IDK if you understand this blockchain network correctly, but from the response you made, it seems like you don't understand it fully. Understand the blockchain trillema correctly, so that later you won't say "the most secure" for this blockchain in the future. You shared false information, you know? BSC only has 40 validators (https://bscscan.com/validators) to validate transactions on this blockchain.
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BSC platform all coins are getting more success nowadays, so popular among users that gas fee is low, fast transaction, security complete transaction is increasing day by day among users. In particular, I do all transactions on this BSC platform, the most secure full transaction that currently has a wide user base and is constantly being used in projects. Binance Smart Chain is the second most popular Bitcoin transaction.
Even though BSC currently has a superior network, I hope not to calm down because currently there is a Solana network that has started to be active and has much faster transaction speeds than Binance Smart Chain, and of course transaction fees are still very cheap. This is why Binance must not remain calm and must keep running so that its technology is not easily overtaken by other platforms.
The present time is the time of competition, everyone competes with everyone to survive. In the beginning when the ERC-20 platform was the transaction speed was slow, since the introduction of Binance Smart Chain BEP-20 has been introduced and the transaction is faster and the gas fee is cheaper. Now the highest speed coin is Solana coin and BNB is the most competitive among these two coins.
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Binance Smart Chain BEP-20 has been introduced and the transaction is faster and the gas fee is cheaper.
Yes, Binance smart chain was released as a miracle for those who wanted to create their own tokens cheaply. Creating a token based on Binance smart chain is much cheaper as compare to ETH based tokens. Now, it has been a norm to create a token within minutes with the help of BSC.
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Yes, Binance smart chain was released as a miracle for those who wanted to create their own tokens cheaply. Creating a token based on Binance smart chain is much cheaper as compare to ETH based tokens. Now, it has been a norm to create a token within minutes with the help of BSC.
Yes, you are right, the Binance Smart Contract Network is indeed very cheap, but because of the ease of creating new tokens, it has resulted in more and more new projects being used for scams and criminal acts in the Cryptocurrency world, many new traders who still don't know how to trade properly and correctly are being targeted. by this hacker by utilizing the BSC network which is easy to create.