April 17, 2020 Binance releases whitepaper for a smart contract-enabled blockchain platform.

The cryptoasset exchange, Binance, released a whitepaper for a new smart contract-enabled blockchain platform named Binance Smart Chain (BSC). According to the company, the network will operate in parallel with the existing Binance Chain. BSC will use a combination of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) and aim for low latency and fast confirmation times while also incorporating a form of on-chain governance.