BNB Smart Chain is a high-performance blockchain that runs in parallel to the BNB Beacon Chain. It aims to combine the fast transaction speeds and low fees of a centralized network with the security and decentralization of a blockchain.
BNB Smart Chain combines fast block times, low fees, and EVM compatibility to offer a high-speed blockchain optimized for usability and adoption. It represents an evolution in balancing decentralization with the need for performance and scalability.
Self-custody your asset with a multi-chain crypto wallet.
Get Bifrost Wallet for BNB Smart Chain.
Available on iOS and Android devices.
One main feature of BNB Smart Chain is its rapid block time of 3-5 seconds, enabled by its Proof-of-Staked-Authority consensus algorithm. With blocks finalized quickly, transactions get confirmed faster. This results in a seamless user experience for dapps, trading, and payments.
The fast block times and high throughput capacity of BNB Smart Chain allow it to minimize transaction fees. Average fees are just a fraction of a cent, making frequent blockchain operations like yield farming or NFT creation very economical.
A core feature of BNB Smart Chain is supporting decentralized finance (DeFi) applications. The fast block times and low fees make activities like trading, lending, and yield farming much cheaper and faster than on Ethereum. This has allowed DeFi projects like PancakeSwap to thrive on BNB Smart Chain.
BNB Smart Chain is EVM-compatible, meaning it supports the Ethereum tooling and languages like Solidity that developers are familiar with. This makes it easy for Ethereum projects to be ported over and leverage the faster/cheaper transactions.
Your keys are stored in the iOS keystore or Android keychain, in encrypted form on your own device.
Bifrost Wallet doesn't track any personal identifiable information, your account addresses or asset balances.
Our code has been audited by FYEO and Cure53, well-respected code audit and penetration testing firms.