Spider Coin Interface — Spider Coin (SID) ICO Landing
May 14, 2021
As mentioned earlier, Binance Smart Chain uses a Proof-of-Stake consensus algorithm and is able to achieve a block time of 3 seconds. This is 4 times faster than the Ethereum blockchain which has a block time of 13 seconds.
Ethereum network congestion and scalability issues have once again triggered skyrocketing gas fees. BEP-20 provides a big relief there as the transaction costs are only a few cents.
Originally published at https://www.spidercoin.io