BNbitcoin (BNBTC) is a digital currency built on the Binance Smart Chain (BSC) network. Initially based on a similar project on the Ethereum blockchain, it has been adapted to meet the requirements of BSC's BEP20 standard and modified to handle the faster block times on the BSC network. Unlike many other cryptocurrencies, BNbitcoin is solely obtained through mining using the Proof-of-Work (PoW) method and was not distributed through pre-mining, airdrops, or an Initial Coin Offering (ICO). This approach ensures a verifiably fair and transparent distribution of the currency.
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