Topic: Why can a coin run on many different explorers and how to understand it? (Read 86 times)
April 26, 2022, 10:45:16 AM
thank all. multi-chain
April 15, 2022, 08:03:57 AM
Please go into specific examples so that someone can help me understand fastest.
Why one coin can run on many different explorers platform. The specific example here is the BNB coin.
As far as I can see here, BNB currently has 2 different explorers validators, etherscan and bnbscan.
https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://bscscan.com/token/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
BNB that available on etherscan was an old BNB token. This is still exist as there are still people who have not yet bridged their assets into the BSC or native binance blockchain. There's why are two assets of BNB built in ether and bnbWhy one coin can run on many different explorers platform. The specific example here is the BNB coin.
As far as I can see here, BNB currently has 2 different explorers validators, etherscan and bnbscan.
https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://bscscan.com/token/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
So how to understand this problem?
How is the total supply of BNB fixed when two different validators will have different total coin issuances. For example, currently BNB has a total supply of 160,000,000 BNB, how much is etherscan issuing and how much is bnbscan issuing and how is it related?
Maybe my interpretation is not right to help you fully understand, but I hope you can read it and give me a reasonable explanation or have an article about this to help me understand.
Thank you!
It's still having fixed supply as BNB in ethereum were still counted in the total supply of BNB that already issued in the market. How is the total supply of BNB fixed when two different validators will have different total coin issuances. For example, currently BNB has a total supply of 160,000,000 BNB, how much is etherscan issuing and how much is bnbscan issuing and how is it related?
Maybe my interpretation is not right to help you fully understand, but I hope you can read it and give me a reasonable explanation or have an article about this to help me understand.
Thank you!
BNB eth + BNB BSC + BNB native chain
April 15, 2022, 07:29:43 AM
There are different types of network when it comes crypto mate not just BSC or ERC20 because there's more, for example Polygon network (sorry i forgot the others)
and fyi every token must have significant network and that's why that both websites is existing as well..
So a friendly reminder that learn how to determine the network of the token before making transactions because once you sent a token in a wrong network it's lost forever, i mean there's no way to recover it..
and fyi every token must have significant network and that's why that both websites is existing as well..
So a friendly reminder that learn how to determine the network of the token before making transactions because once you sent a token in a wrong network it's lost forever, i mean there's no way to recover it..
April 15, 2022, 07:11:40 AM
Why one coin can run on many different explorers platform. The specific example here is the BNB coin.
A coin can't run on a different blockchain, but a token(Wrapped BNB or BNB) is possible.Quote
As far as I can see here, BNB currently has 2 different explorers validators, etherscan and bnbscan.
https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://bscscan.com/token/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
So how to understand this problem?
The problem is that BNB Token on ERC-20(Ethereum) only exists within Ethereum Ecosystem. And that is also applied on each network where BNB exists. The reason why BNB exists on many chains/networks is to fix some interoperability cases.https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://bscscan.com/token/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
So how to understand this problem?
Quote
How is the total supply of BNB fixed when two different validators will have different total coin issuances. For example, currently BNB has a total supply of 160,000,000 BNB, how much is etherscan issuing and how much is bnbscan issuing and how is it related?
I believe the below reference is good for getting a grasp of how it works.1. What Are Wrapped Tokens?
2. What Is BNB?
3. What Is a Coin Burn?
April 15, 2022, 05:53:14 AM
Please go into specific examples so that someone can help me understand fastest.
Why one coin can run on many different explorers platform. The specific example here is the BNB coin.
As far as I can see here, BNB currently has 2 different explorers validators, etherscan and bnbscan.
https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://bscscan.com/token/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
So how to understand this problem?
How is the total supply of BNB fixed when two different validators will have different total coin issuances. For example, currently BNB has a total supply of 160,000,000 BNB, how much is etherscan issuing and how much is bnbscan issuing and how is it related?
Maybe my interpretation is not right to help you fully understand, but I hope you can read it and give me a reasonable explanation or have an article about this to help me understand.
Thank you!
Why one coin can run on many different explorers platform. The specific example here is the BNB coin.
As far as I can see here, BNB currently has 2 different explorers validators, etherscan and bnbscan.
https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://bscscan.com/token/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
So how to understand this problem?
How is the total supply of BNB fixed when two different validators will have different total coin issuances. For example, currently BNB has a total supply of 160,000,000 BNB, how much is etherscan issuing and how much is bnbscan issuing and how is it related?
Maybe my interpretation is not right to help you fully understand, but I hope you can read it and give me a reasonable explanation or have an article about this to help me understand.
Thank you!
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