WHY NEXT EARTH USES BSC NETWORK FOR TRANSACTIONS Since its launch in September 2020, Binance Smart Chain has been making waves in the blockchain realm, especially the metaverse sphere. Operating in parallel with the Binance Chain, the BSC delivers more throughput and higher efficiency.
NEXT EARTH IS BASED ON A DECENTRALIZED PROTOCOL Smart contract-enabled BSC offers a high usability factor in Ethereum Virtual Machine (EVM). BSC offers the flexibility in deploying BEP-20 tokens in various asset types, thereby giving developers more leeway in handling transactions.
Super-fast transactions due to the ‘Proof-of-Authority’ make sub-5 second transaction time a reality. The result is low-cost transfers which ultimately benefit Next Earth users immensely. The Next Earth community experiences considerable user uptake courtesy of BSC.
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WHY NEXT EARTH LEVERAGES BSC TO DELIVER MORE VALUE Since Binance Smart Chain is EVM-compatible, it leverages the diverse Ethereum universe. Whether configuring MetaTask or tweaking configurations, the scalability is nothing short of dynamic.
CONSENSUS Proof-of-Stake consensus algorithm delivers sub-3 seconds transaction time. The Proof of Staked Authority allows for BNB staking for achieving validator status, i.e, a user is granted transaction fees in return for their valid block proposal.
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CROSSCHAIN COMPATIBILITY Aside from Binance Smart Chain’s high interoperability, diverse BEP-20 tokens further amplify the transactional feasibility in Next Earth.
BINANCE BRIDGE With cross-chain transactions handled seamlessly using Binance Bridge, users enjoy interoperability for more than 40 tokens.
LANGUAGE SUPPORT With Binance Smart Chain support for more than 16 languages, there’s no language barrier in Next Earth. NextEarth.io
UNDERSTANDING PEGGED TOKENS AND WHY BSC METAVERSE ERC-20 tokens are transferred as BEP-20 tokens at a significantly high speed and low cost. Apart from fast transactions that take just 3 seconds, the low transaction fees (in cents) benefit the community. Significant exchanges have recognized the BEP-20 tokens.
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SO, HOW BIG IS BINANCE SMART CHAIN EXACTLY? 7,900 DApps are running successfully atop the Ethereum foundation. User deposits are in the tune of $41,588,673 daily. In September 2020, the average block time stood at 3.00 seconds. The average transaction fee on BSC is approximately 22.5560 gwei. Metaverses are the latest solutions to take advantage of the Binance Smart Chain’s diverse Considering statistics, no wonder Next Earth has massive potential in terms of investments. The safe financial credentials delivered by Binance Smart Chain are a powerful solution that investors can trust.
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GOING BEYOND METAVERSE WHY NEXT EARTH Blockchain realm is known for its speed of innovation. It is usual for viral projects with huge potential to quickly get out of reach of regular participants and investors. So, it becomes crucial for the investors to identify projects that deliver value along with huge returns. Next Earth delivers just the right combination of investment potential, affordability, and returns.
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