# Binance Smart Chain API

### Overview

In Binance's own words, "Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike the Binance Chain, BSC boasts smart contract functionality and compatibility with the [Ethereum Virtual Machine (EVM)](https://academy.binance.com/en/articles/what-is-ethereum#how-does-ethereum-work). The design goal here was to leave the high throughput of Binance Chain intact while introducing smart contracts into its ecosystem."

Binance Smart Chain achieves \~3 second block times with a Proof-of-Stake consensus algorithm. Specifically, it uses something called *Proof of Staked Authority*, where participants stake BNB to become validators. If they propose a valid block, they’ll receive transaction fees from the included transactions

### BwareLabs supported network types

* Mainnet

### **Available endpoint types on BwareLabs**

* JSON RPC;
* WebSockets;

### Explorer Link - <https://bscscan.com/>