NOWNodes is a great opportunity to access BNB mainnet nodes or to get dedicated access to BNB testnet nodes. Connect to full BNB node, block explorer and testnet now!
BNB is the native cryptocurrency token that is utilized across the broader Binance ecosystem; that was originally created in 2017, specifically in June, and followed the ERC-20 token standard. What this meant was that it was originally created on top of the Ethereum (ETH) blockchain.
However, in April of 2019, Binance launched its own blockchain, today known as the BNB Beacon Chain, where BNB became the native cryptocurrency and was no longer reliant on Ethereum’s blockchain.
The Binance Chain was rebranded to the Beacon Chain, while the Binance Smart Chain was rebranded to the BNB Smart Chain. The BNB Smart Chain is a network fully compatible with the Ethereum Virtual Machine (EVM) and utilizes a consensus mechanism called Proof-of-Staked Authority (PoSA), where BNB is utilized for the process of delegated staking on the authority validator.
Changpeng Zhao, otherwise known as CZ, is the person who originally launched this project, and the main use-cases of BNB are tied to the Binance platform, where users can save on trading fees, get rewards in the BNB Vault, or even access token sales on the Binance Launchpad.
Despite the existence of many other cryptocurrencies, Binance coin has a lot of advantages and here are just a couple of them.
the BNB Smart Chain supports a communication protocol that is built on the Cosmos SDK, which means that any BEP-2 token can be integrated between the BNB Smart Chain and the BNB Beacon Chain, making them interoperable with one another without a requirement for a third-party to intervene.
BNB supports smart contracts due to the fact that it is fully compatible with the Ethereum Virtual Machine (EVM), and experienced developers can easily utilize languages such as Vyper or Solidity to write these smart contracts and compile them into bytecode on the EVM.
BNB as a cryptocurrency has seen a high level of utility on top of the Binance platform. Users can save 25% on spot trading and margin trading fees, as well as 10% on futures trading fees. They can earn rewards in the BNB vault, gain exclusive access to token sales, send and receive payments with Binance Pay and get up to 40% commission through the referral program.
It is easier now than ever before to essentially connect to a BNB node or a block explorer through the utilization of a blockchain service provider such as NOWNodes.
Each user is provided with the opportunity to connect to a node, where they will gain instantaneous access to a wide range of information that would otherwise be inaccessible or much more difficult to get for users.
Specifically, if you are a type of developer that aims to build a decentralized application (dApp) on top of the Binance network or a cryptocurrency trader that wants to check the status of a specific transaction, a blockchain node can provide you with easy access to all of this data.
NOWNodes will provide you with the opportunity to access 58 nodes, one of which is the BNB node, where all you have to do is open up the home page, enter your email address, click on "GET FREE API KEY," and use that key to establish a connection.
The official documentation will provide you with solid information on how you can connect, and if you are curious about all of the other nodes and block explorers available on the NOWNodes service, you can find a full node list here.
Remember that by utilizing NOWNodes, you can get access to data surrounding the hash rate, difficulty, block height, wallet addresses, transaction data, balance history tickers list, or anything else that you need.
Through the utilization of NOWNodes, you can get access to block explorers as well, where you can essentially sync to the blockchain in question and get a direct level of communication with it at any point in time.
This means that you can gain a consistent feed of data, which you can implement throughout your entire development process.
Remember that you will be provided with information surrounding a specific block or get a list of the number of confirmations that have occurred. All you need to do is connect with the usage of an API key and establish an RPC connection, which has an uptime of 99.95% and can connect in less than a single second in terms of time.
