The launch of the main network Binance Chain

The Binance cryptocurrency market leader in terms of trading announced the launch of the main Binance Chain network and named the migration date of the BNB balance sheets from the Ethereum blockchain – April 23.

. @Binance Chain launches its plans to execute Mainnet Swap on Apr 23, 2019.

If you’re looking for something to do so. ??? https://t.co/32hjBwkUcX pic.twitter.com/X9qAoXxYmc

– Binance DEX (@Binance_DEX) April 18, 2019

Nevertheless, representatives of the organization stressed that the timing may vary depending on the circumstances. The procedure is as follows:

• On April 18, all selected validators will be online for block production;
• native Binance Coin will be created in the genesis block;
• total BNB emission will be 200 million, 11,654,398 coins will be incinerated, 48 million will be frozen;
• The first 5 million BNBs will be determined to the account of Binance.com, and the corresponding number of tokens on the Ethereum blockchain will be destroyed;
• Access to the block browser and web wallet will appear on April 23;
• shopping pairs will not appear in the listing until the end of the conversion of the first portion of BNB.

After April 23, Binance.com will not support BNB output based on the ERC-20 standard. All users who for some reason want to keep these tokens will have to bring them to Ethereum wallets. However, in the end, all BNBs will switch to the Binance Chain network to the native standard BEP2.

Recall, after the announcement of the launch of Mainnet, the price of BNB showed a sharp increase. At the moment, quotes have grown by almost 10%.

BNB / USD , TradingView data

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