{"id":63697,"date":"2022-10-07T09:29:26","date_gmt":"2022-10-07T03:59:26","guid":{"rendered":"https:\/\/mudrex.com\/blog\/?page_id=63697"},"modified":"2022-10-20T14:06:05","modified_gmt":"2022-10-20T08:36:05","slug":"bep-2-binance-chain-tokenization-standard","status":"publish","type":"page","link":"https:\/\/mudrex.com\/blog\/glossary\/bep-2-binance-chain-tokenization-standard\/","title":{"rendered":"BEP-2 (Binance Chain Tokenization Standard)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"63697\" class=\"elementor elementor-63697\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0b8cb28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b8cb28\" data-element_type=\"section\" id=\"navigation-sample-sec\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column 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class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68e8c7b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"68e8c7b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3513f93\" data-id=\"3513f93\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eac81f6 elementor-widget elementor-widget-heading\" data-id=\"eac81f6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">BEP-2 (Binance Chain Tokenization Standard)<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bafcd8 elementor-widget elementor-widget-text-editor\" data-id=\"1bafcd8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;BEP-2 stands for Binance Chain Evolution Proposal 2. It is a technical standard used for the creation and usage of new tokens on the Binance Chain. BEP-2 is a set of rules that must be followed by the tokens to function within the Binance ecosystem. It is very similar to the ERC-20 standards that must be followed by every Ethereum-based token. \\n\\nAlthough the BEP-2 standards serve the essential and basic requirements to issue tokens on the Binance Chain, various tokens can have different implementations of the same rules for different utilities they have been created for. A wide range of tradeable goods and digital assets are represented with the help of BEP-2 tokens. Smooth integration of the tokens with each other and their surrounding ecosystem is ensured by the BEP 2 standard. \\n\\nThe BEP-2 tokens hosted on the Binance chain depend upon the delegated proof of stake (DPoS) and BFT consensus mechanism along with a dedicated layer running on this. They serve as an efficient and scalable alternative to the proof of work algorithm.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4525,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;}\">BEP-2 stands for Binance Chain Evolution Proposal 2. It is a technical standard used for the creation and usage of new tokens on the Binance Chain. BEP-2 is a set of rules that must be followed by the tokens to function within the Binance ecosystem. It is very similar to the ERC-20 standards that must be followed by every Ethereum-based token. <br \/><br \/>Although the BEP-2 standards serve the essential and basic requirements to issue tokens on the Binance Chain, various tokens can have different implementations of the same rules for different utilities they have been created for. A wide range of tradeable goods and digital assets are represented with the help of BEP-2 tokens. Smooth integration of the tokens with each other and their surrounding ecosystem is ensured by the BEP 2 standard. <br \/><br \/>The BEP-2 tokens hosted on the Binance chain depend upon the delegated proof of stake (DPoS) and BFT consensus mechanism along with a dedicated layer running on this. They serve as an efficient and scalable alternative to the proof of work algorithm.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>BEP-2 (Binance Chain Tokenization Standard) BEP-2 stands for Binance Chain Evolution Proposal 2. It is a technical standard used for the creation and usage of new tokens on the Binance Chain. BEP-2 is a set of rules that must be followed by the tokens to function within the Binance ecosystem. It is very similar to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":61790,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_eb_attr":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/63697"}],"collection":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/comments?post=63697"}],"version-history":[{"count":8,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/63697\/revisions"}],"predecessor-version":[{"id":64763,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/63697\/revisions\/64763"}],"up":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/61790"}],"wp:attachment":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/media?parent=63697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}