Binance Smart Chain is an innovative solution to bring programmability and interoperability to Binance Chain. Binance Smart Chain relies on a system of 21 validators with Proof of Staked Authority (PoSA) consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality. Binance Smart Chain is fully compatible with the existing Ethereum ecosystem. It natively supports cross-chain interoperability, allowing users to complete cross-chain transfers and exchange information quickly. Assets of both blockchains could be traded on Binance DEX. Users can not only enjoy Binance DEX’s high-performance matching engine, but they’d also be able to do the independent development on Binance Smart Chain.
Binance Smart Chain (BSC) wallet registration
1、Download the TokenPocket wallet, install it and open it. Clicks "No wallet" and selects "Binance Smart Chain" to enter the creation interface.
2、 Set “Wallet Name” “Password” and click "Create Wallet" to enter the prompt interface of "Backup Wallets". Please read the notes carefully.
3、 The interface of "Backup Mnemonic" requires us to correctly record the mnemonic words according to the provided words and order. After confirming the record, click "Completed backup, verify it" to complete the verification of the mnemonic words in the correct order.
4、 After the Verification mnemonic is completed, you have successfully registered. Click the "Discover" menu at the bottom, and then you can enter DAPP, where you can use Binance Smart Chain's DAPP. (For new users or Regular users who want to import the wallet, you can click the first option in the upper right corner to enter.
This tutorial is only for the DApp in the wallet side of the operation guide, does not represent the investment advice of TokenPocket. Investing involves risks, you should be fully aware of the risks and make your own investment decisions.