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For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms4 shown

PoSAProof of Staked Authority is BSC's consensus mechanism; validators stake BNB to validate blocks and earn transaction fees.
Transaction feesFees required to submit and execute operations on a blockchain; frequent small-value operations place particular emphasis on their level and predictability.
Block rewardThe cryptocurrency income miners receive after successfully validating a new block; broadly, it consists of the block subsidy and transaction fees.
Gas FeeThe transaction fee required to execute an EVM transaction; its amount may vary depending on contract complexity and network activity.

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Definition

PoSA

Proof of Staked Authority is BSC's consensus mechanism; validators stake BNB to validate blocks and earn transaction fees.

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