We’re particularly excited for BNB Smart Chain (formerly known as the Binance Chain) due to the huge amount of dApp development that is occurring there. BSC is a blockchain platform developed by the popular cryptocurrency exchange Binance. It was launched in 2019 with the goal of providing a fast, low-cost alternative to the Ethereum network for decentralised applications (dApps) and smart contracts. BSC uses the Binance Coin (BNB) as its native cryptocurrency and has gained popularity among developers and users due to its fast transaction speeds and low fees.
SubQuery’s flexible, fast, open, and decentralised data indexing solution provides blockchain developers with the tools needed to easily organise and query on-chain data for their protocol and applications. Abstracting the backend, SubQuery provides a custom API and lets developers focus on product development and user experience rather than building their own indexing solutions.
We're always striving to provide developers with the most comprehensive and efficient indexing solutions possible. Despite being a beta release, SubQuery has already proven to be faster than The Graph on Ethereum and its layer-2s, offering BNB Smart Chain developers another decentralised alternative with the impending launch of the SubQuery Network. That's why we're thrilled to announce our latest integration with one of the most exciting Layer-2 scaling solutions in the Web3 space.