Understanding the cryptomen country: Deep Dive into Bep2 and Bep20

Two popular standards such as the key components of the ecosystem: Binance Smart Chain (BSC) and its variants have appeared in the ever -developing world of cryptocurrency. The primary difference between native BSC, BP20 and Bep2 tokens consists in their token, useful and used cases. In this article, we dive into the key characteristics of each standard and examine their differences and similarities.

What is Binance Smart Chain (BSC)?

Binance Smart Chain is a blockchain layer 1 built on the Ethereum Virtual Machine (EVM) architecture. It is designed to provide rapid transaction processing speeds, making it suitable for decentralized funds (Defi), games and other high -performance applications. Native BSC token, BNB, is used for various purposes, including management of public affairs, deposits and trading.

BEP20: Standard for decentralized exchange tokens (Dex)

Bep20, the abbreviation for token base-20, is a utility token designed specifically for decentralized exchanges on the intelligent Binance chain. It is built on top of the ERC-20 standard, which allows smooth interoperability in various blockchain networks.

Key Characteristics BEP20:

* Support for a decentralized stock exchange (DEX) : Bep20 is designed to facilitate trading with decentralized exchanges and provide a safe and transparent way of buying, sales and trade.

* Compatibility ERC-20 : BEP20 can be used in conjunction with any ERC-20 token, allowing a continuous interaction between different chains and ecosystems.

* Low fees : BEP20 transactions are usually cheaper than transactions in other blockchain networks, making it an attractive option for DeX users.

BEP2: Standard for cheap interoperable intelligent contracts

Bep2 is a set of useful tokens developed by Binance Labs, designed to allow cheap interoperable smart contracts on the Binance smart chain. It is built using the Webassmbly standard and uses the native token Binance Smart Chain, BNB.

Key Characteristics Bep2:

* Interoperability : Bep2 provides a continuous interaction between different blockchain networks, allowing the creation of decentralized applications (DAPP), which can take place in multiple chains.

* Low transaction fees

: Bep2 transactions are generally cheaper than transactions in other blockchain networks, making it an attractive choice for developers and users.

* Security : BEP2 is designed with respect to safety, contains advanced cryptographic techniques to prevent the capture of intelligent contracts.

Key differences between Bep20 and Bep2

Although both standards offer benefits, there are significant differences between them:

* Cases of use : BEP20 is primarily designed for decentralized exchanges (Dexs), while Bep2 is aimed at creating cheap interoperable intelligent contracts.

* Tokenomics : Bep20 has more market capitalization than Bep2, with more developers and users invested in the project. The BEP2 token is more focused on scalability and usability.

* scalability : BEP2 is designed to be scalable than Bep20, allowing higher transaction volumes and greater adoption of cheap interoperable intelligent contracts.

Conclusion

In conclusion, understanding the differences between native Binance Smart Chain, Bep20 and Bep2 tokens is decisive for developers, users and investors. Although both standards offer benefits, they satisfy different cases of use and have clear properties that distinguish them from each other.

As cryptomena is constantly evolving, it is necessary to remain informed about the latest development of BSC token, intelligent contract platforms and decentralized applications. In this way, you will be better equipped to navigate in this comprehensive ecosystem and to make informed decisions as a participant or investor.