Good evening crypto academy friends, today I come to bring you the first task of week 1 of season 2, this time from professor @ yohan2on who explains a little about altacoin in his course. I will talk about what BNB is, its characteristics, how to use it and among other points developed in the task ... Let's start!
¿Que es BNB?/ What is BNB?
Binance coin is the official cryptocurrency of the Binance exchange house, it was created in China by Changpeng Zhao in 2017. The coin was born to support transactions within the platform in order to increase the importance of the token through projects related to the chain of blocks.
It can be considered as a deflationary asset because Binance removes some of its BNB information every 3 months. Once you delete more than half of your initial information, you will retain 100,000,000 BNB.
¿Cómo surge esta criptomoneda?/ How did this cryptocurrency emerge?
Its launch initially originated with a token called ERC20, which became the native cryptocurrency of the Binance blockchain. It is launched through an ICO to the market which was maintained 11 days before Binance opened its operations
Diferencias de BNB con otras criptomonedas / BNB differences with other cryptocurrencies
Unlike other cryptocurrencies, Binance Coin allows cheaper transactions, that is, it facilitates the possibility of buying and selling other cryptocurrencies within its own Binance platform. Transactions are very efficient because it offers a large compliant certificate system, which can verify millions of orders per second. BNB also has a higher maximum amount of issuance than other cryptocurrencies, such as Dash or Ethereum Classic.
Ventajas que aporta su utilización /Advantages of its use
Se puede usar para el pago de bolsas descentralizadas como el Binance DEX
Cada véz más proveedores comienzan con el apoyo con los pagos de BNB
Se puede llegar a utilizar para respaldar activos poderosos en los proximos intercambio de Binance
Comprar tokens alojadas en Binance Launchpad.
There are several advantages that offer an easy use of this cryptocurrency:
- Can be used for paying decentralized exchanges like Binance DEX
- More and more providers start supporting BNB payments
- Can be used to back powerful assets on upcoming Binance exchanges
- Buy tokens hosted on Binance Launchpad.
Captilizacion de Mercado y Precio / Market and Price Captilization
At the time of writing this post, the value of BNB is $ 522.44. It has a market capitalization of $ 80,415210,184, with a fall in the last 24 hours of 5.40%. It remains in the top 3 of the top 100 cryptocurrencies with the largest market capitalization.
Conclucion / Conclusion
Binance Coin is a different cryptocurrency which was born thanks to the will of a company to boost its business. It is decentralized, it does not have any kind of way to be mined and still occupies the top 3 of the largest cryptocurrencies.
So far I finish my homework for this week, a big hello to the teachers and to the teacher @ yohan2on. Successes!
Hello @beatriz01,
Thank you for participating in the 1st Week Crypto Course in its second season and for your efforts to complete the suggested tasks, you deserve a 6/10 rating, according to the following scale:
My review :
An acceptable article that deals with BNB cryptocurrency with well-presented information. Try to maintain the sequence of ideas, don't suddenly jump from one idea to another, each paragraph should follow the other logically, and although it is possible to vary the ideas from one paragraph to another, there must be sequence and compatibility of paragraphs and ideas.
Thanks again for your effort, and we look forward to reading more of your work.
Sincerely,@kouba01
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Good morning teacher @kouba01, thank you very much for the evaluation, I will follow your advice very well. Thank you very much for leaving us tasks in which we can learn much more about what cryptocurrencies are.
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