Still don't know what BSC is?
BSC (Binance Smart Chain) is a "high-speed, low-cost" blockchain developed by Binance, specifically designed to run various Web3 applications.
• It's like a cousin to Ethereum—smart contracts and DApps that run on Ethereum can generally be seamlessly migrated to BSC with minimal code changes.
• Fast and cheap: Transactions and DeFi usage on Ethereum can cost dozens or even hundreds of dollars in fees and take ages; on BSC, fees are just a few cents, and transactions settle in seconds, making it ideal for everyday users to explore DeFi, NFTs, and blockchain games.
• It operates on 21 validation nodes, less decentralized than Ethereum, but offers greater stability and usability, deeply integrated with the Binance exchange for convenient fund transfers.
Think of it this way: Ethereum is a busy main road in the city center, while BSC is a spacious, non-congested expressway beside it. Though it has fewer lanes (fewer nodes), it offers faster, cheaper commutes.