> For the complete documentation index, see [llms.txt](https://metaversus.gitbook.io/metaversus-ecosystem-overview/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://metaversus.gitbook.io/metaversus-ecosystem-overview/technologies/bsc.md).

# BSC

BNB Chain (formerly Binance Smart Chain) is one of the most widely used, secure, scalable, and cross-compatible EVM smart contract blockchain platforms in the world.

BNB is built for running smart contract-based applications, it runs in parallel with Binance’s native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. It also implements the Ethereum Virtual Machine (EVM), which allows it to run Ethereum-based applications like MetaMask.The aim of the platform is to enable developers to build decentralized applications and help our community manage their digital assets, cross-chain, with low latency and large capacity.

Touting significantly lower transaction costs – approximately 1/7th those of Ethereum – and three-second block times against Ethereum’s 15 seconds, as well as BNB Chain’s seamless compatibility with the Ethereum Virtual Machine (EVM), the blockchain has seen a large migration of users since its inception.&#x20;

The BNB Chain Team strongly believes in partition chains and a multi-chain future as it can sustain the ever-increasing demand for decentralized computing power and storage. This is consistent with many other blockchains in the industry, such as ETH2.0 and multi-chain strategies in Polkadot, Cosmos, and Avalanche.&#x20;
