Binance coin native chain?
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Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.
Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.
We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.
For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
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bitcryptic-gw
- Posts: 2
- Joined: Thu May 02, 2019 8:48 pm
Binance coin native chain?
Just wondering if there is a plan to swap Binance payout options, so their native blockchain version can be used instead of the ERC20 based BNB tokens? Or maybe add the new one so there's a choice?
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Steve Sokolowski
- Posts: 4585
- Joined: Wed Aug 27, 2014 3:27 pm
- Location: State College, PA
Re: Binance coin native chain?
Unfortunately, the other chain is very complex to implement. We don't have enough manpower to implement that chain in parallel with the other top-20 coins that are already being implemented first, like EOS and Tron.bitcryptic-gw wrote:Just wondering if there is a plan to swap Binance payout options, so their native blockchain version can be used instead of the ERC20 based BNB tokens? Or maybe add the new one so there's a choice?
For now, we'll keep paying out in the ERC20 token contract. You can receive tokens on the Binance chain by entering a receive address at Binance, and then withdrawing your tokens from Binance. Binance will automatically convert the coins when they get sent to their exchange.
If all exchanges stop accepting the ERC20 tokens before we have the Binance chain ready, we'll temporarily disable Binance coin payouts until Vance is able to implement the new chain.
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bitcryptic-gw
- Posts: 2
- Joined: Thu May 02, 2019 8:48 pm
Re: Binance coin native chain?
Makes sense, thanks Steve