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Binance vs. Ethereum, MicroBT vs. Bitmain, Libra vs. the World

18 Apr Binance vs. Ethereum, MicroBT vs. Bitmain, Libra vs. the World

Posted at 01:25h in Bitcoin News by

Today, Binance unveiled plans for a smart contract blockchain competing with Ethereum, Bitcoin miner manufacturer MicroBT looks to beat Bitmain to market, and the road ahead for stablecoins looks bumpy.

“The industry needs more high-performance infrastructures, not just one single blockchain,” a Binance spokesperson said, adding the two networks would complement one another in growing the blockchain ecosystem. Here’s the story:

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Binance’s Base Layer
Binance released a white paper detailing a new smart contract blockchain that might compete with Ethereum. The new Binance Smart Chain (BSC) would work as a smart contract layer running parallel to its existing Binance Chain, and incorporate a matching engine capable of fast trade executions and a new consensus mechanism…

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