BNS

What is BNS?

BNS brings EVM-compatible programmability and native cross-chain communication with BNS using an innovative consensus of Proof of Authority(PoA)

Why is BNS designed as a separate chain from BNS?

The execution of a Smart Contract may slow down the exchange function and add non-deterministic factors to trading. Even if that compromise could be tolerated, it might be a straightforward idea to introduce a new Virtual Machine specification based on Tendermint, based on the current underlying consensus protocol and major RPC implementation of BNS. But all these will increase the learning requirements for all existing dApp communities, and will not be very welcomed.

How does BNS work? What is the architecture and consensus used?

BNS relies on a system with Proof of Authority (PoA) consensus that can support short block time and lower fees.

There will be fewer validators on BNS testnet.

Can you tell more about Proof of Staked Authority(PoSA)? What is it?

PoSA is a combination of PoA and PoS. Blocks are produced by a limited set of validators, they are elected in and out based on a staking based governance. Validators take turns to produce blocks in a PoA manner

What are the benefits for developers to build on BNS?

• EVM-compatible: BNS supports all the existing BNS tooling Fast block time, cheaper cost
• Native cross-chain trasfer & communication: BNS DEX remains a liquid venue of exchange of assets on BNS and BNS"

What are the benefits for developers to build on BNS?

BNS opens the gate for users to take advantage of the fast transferring and trading

What make BNS different?

Key Innovations:

• Proof-of-authority Consensus

• Native Cross-Chain Communication

• Expand the use cases of BNS token

BNS is EVM-compatible. What does that mean?

EVM means BNS Virtual Machine. Any smart-contract written to run in EVM can be easily ported to BNS.

Can developers make hybrid Dapps using both BNS and BNS in one single Dapp?

Yes, with the help of native cross-chain functions