BNB

Date:2022-03-25 20:10:02

(BNB) Introduction

bnb abbreviation:BNB

Release date : 08/07/2017


  • Project basic information


Issue Time:2017-07-08 

Total Supply:168.137.036

Circulation :168.137.036

White paper:https://whitepaper.io/coin/binance

Website:https://www.binance.com/

Block Explorer:https://bscscan.com/


  • Project Introduction


BNB is a cryptocurrency (token) that was created by Binance back in 2017. It was first issued and launched during an Initial Coin Offering (ICO) crowdfunding event, which took place between the 26th of June to the 3rd of July. The token sale offered 100,000,000 units of BNB (50% of the total supply). The issue price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB (around 0.11 USD back then).BNB was initially issued as an ERC-20 token (on the Ethereum platform), but it will be soon transferred to the main Binance Chain. The initial total supply of BNB was defined as 200,000,000 coins, but due to the regular coin burn events, the supply is gradually decreasing.


Specification

Frontend Title:Binance Coin Symbol:bnb English abbreviation:BNB
Developers:Changpeng Zhao, Yi He The core algorithm:SHA256 Release date:08/07/2017
Block speed:8 Circulating Supply:168.137.036 Stock:168.137.036
Proof way: Difficulty adjustment: Block Bonus::
Key Features:
Shortcomings::