> For the complete documentation index, see [llms.txt](https://docs.bitdrive.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bitdrive.finance/glossary/bnb-smart-chain-bsc.md).

# BNB Smart Chain (BSC)

BNB Chain (BSC) is an amalgation of previously known Binance Smart Chain (BSC) and Binance Chain.

BNB Chain is comprised of: BNB Beacon Chain (previously Binance Chain) - BNB Chain Governance (Staking, voting) BNB Smart Chain (BSC) (Previously Binance Smart Chain) - EVM compatible, consensus layers, and with hubs to multi-chains.

BNB Chain evolved from Ethereum but was modified to increase its speed as well as reduce the transaction costs.

BitDrive publishes live data from the BNB network on its homepage, including daily transaction volume, average gas fee, and total unique wallet addresses.

{% hint style="info" %}
*Editor's Note: Binance Smart Chain (BSC) is now called BNB Chain*
{% endhint %}


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