What is BNB Chain and how does it work?

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What is BNB Chain and how does it work?
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This article looks at BNB Chain, the cryptocurrency platform closely related to Binance and the home of the BNB cryptocurrency.

The BNB Chain ecosystem also includes three specialized blockchain networks currently under development: zkBNB and

In the past, the exchange was more willing to associate itself with the blockchain ecosystem. The initial chain was called Binance Chain at its inception and BNB was originally known as Binance Coin. But over time, the exchange largely removed its branding from the blockchain ecosystem, likely to show separation between the two — perhaps for regulatory reasons.

The ultimate goal is to create independent, community-driven ecosystems that operate without the control of any single entity. In this context, Binance serves more as a catalyst for the development and growth of the BNB Chain rather than as its controller.

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