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Binance smart chain

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Binance smart chain & Chainlink

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Quick take: Binance smart chain

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Supported Chainlink services on Binance smart chain

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LINK Token Address - Binance Smart Chain

0x404460c6a5ede2d891e8297795264fde62adbb75

Developer tools

In depth

BNB Chain was created via a hard fork, or permanent divergence, of the Go Ethereum protocol (Geth). While it is quite similar to Ethereum, there are a few significant differences. [1]

The most notable difference is that BNB Chain uses a different consensus mechanism.BNB Chain uses 21 validators, which take turns producing blocks. These validators are backed by delegators who stake BNB, the native coin of BNB Chain. This consensus mechanism is known as Proof of Staked Authority (PoSA). Validators are chosen based on the amount staked, and the top 21 candidates are elected to validate.[2]

Given that the BNB Chain chain was created via a fork of Geth, it is EVM-compatible. This means you can deploy the same contracts on BNB Chain as on Ethereum [3]

Timeline

  • 07 Dec 21. Chainlink Keepers go live on mainnet. Read the official announcement HERE.
  • 28 Apr 21. Chainlink VRF goes live on mainnet. Read the announcement HERE.
  • 10 Dec 20. Binance Smart Chain integrates Chainlink's decentralized oracle network on its mainnet. Read the announcement HERE.
  • 23 Jul 20. Binance Smart Chain (BNB) integrates Chainlink’s oracle solution on testnet. Read the announcement HERE.


Developer tools


Binance Smart Chain Resources

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Timeline

Date Media Author Title
22 Feb 22 Article BNB Chainlink Brings VRF v2 to BNB Chain, Providing Scalable, Configurable, and Low-Cost On-Chain Randomness
07 Dec 21 Article BNB Chainlink Keepers Now Live on BNB Chain for Securely Automating Smart Contract DevOps
28 Apr21 Article BNB Chainlink VRF is Live on Binance Smart Chain, Bringing Verifiable Randomness to BSC Developers
10 Dec 20 Article BNB New on Binance Smart Chain: Chainlink Oracles
23 Jul 20 Article BNB Binance Smart Chain Successfully Integrated Chainlink’s Oracle Solution for Building DeFi (Testnet)

Bridging LINK Tokens to Ethereum Mainnet

The process to bridge from Binance Smart Chain to Ethereum Mainnet is a bit involved.

  • Once you have your BNB bridged LINK tokens, you can either send them to you Binance wallet to swap via their platform, or use additional DeFi offerings.

Educational

Date Media Author Title
04 Feb 21 Article Chainlink Build a dApp on Binance Smart Chain With Secure Data Feeds
N/A Official Docs Chainlink BNB Chain Data Feeds: Offiicial Chainlink documents
N/A Official Docs BNB Binance Smart Chain Price Feeds from Chainlink

‎

  1. ↑ https://blog.chain.link/how-to-create-a-bep-20-token/
  2. ↑ https://blog.chain.link/how-to-create-a-bep-20-token/
  3. ↑ https://blog.chain.link/how-to-create-a-bep-20-token/


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