Binance Coin will serve as GAS to power the Binance Chain Blockchain

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Binance Coin on the Binance Chain is the same as the Ethereum coin on the Ethereum network. You will have to use it to pay for network transactions, as gas. This will create a huge on-going demand for TX on the blockchain.

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Posted in Binance Reddit and tagged

4 Comments

  1. andyrangus on 9. May 2019 at 21:39

    is this confirmed? When does binance DEX come out?

     


  2. Hercules1579 on 9. May 2019 at 21:39

    Whollyshit. So the more BNB, you hold prior to that point, you make get some gas power equal to the amount as well ? Or at a different ratio!!

     


  3. erictron on 9. May 2019 at 21:39

    I don’t get it. So everyone who owns the coin now will just have gas in the future?

     


  4. Patrickwojcik on 9. May 2019 at 21:39

    There should be more subbredits about this so we can get more familiar 😀