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BEP-20

BEP-20 is a technical standard on the Binance Smart Chain (BSC) that specifies how tokens can be created, issued, and transferred on the blockchain. It is similar in function to the ERC-20 standard on the Ethereum blockchain. BEP-20 tokens are fungible, meaning that each token is identical and can be exchanged or traded for another token of the same type at a 1:1 ratio. They can be used for a variety of purposes, including as a means of payment, store of value, or as a governance token for decentralized applications (dApps) built on the BSC. The popularity of the BSC and the ease of creating BEP-20 tokens have made it a popular choice for developers looking to launch new tokens or projects on the blockchain.

  • Race attack
    A race attackA race attack, also known as a double-spending attack, is a type of attack on a blockchain network where an attacker attempts to spend the..., also known as a double-spending attack, is a type of attack on a blockchainThe blockchain is a digital ledger that records transactions in a secure and decentralized manner. […]
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  • Bitcoin Dominance
    Bitcoin dominanceBitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that is made up of Bitcoin's market capitalization. It is important because it... refers to the percentage of the total cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized […]
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  • Decentralized Finance (DeFi)
    Decentralized finance, or DeFi, is a blockchain-based financial system that aims to offer traditional financial services without the need for intermediaries like banks or brokerages. Instead, DeFi relies on smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. DeFi allows for […]
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