🖥️Technology

Blockchain technology is used to record the ownership of tokens and allows owners to transfer/sell/use them without restriction.

The iHero project was built on the Binance Smart Chain. Why are we using BSC? We found many benefits to doing so as detailed below:

Transaction speed – BSC is currently one of the fastest smart contract platforms, contributing to its fast growth.
Low gas fees: In comparison to Ethereum, gas fees on Binance Smart Chain (BSC) are almost 20 times lower. Therefore, developers can now focus on innovation rather than worrying about the high transaction fees. Similarly, user participation also receives encouragement.
Cross-chain compatibility: Cross-chain compatibility increases token liquidity, utility, and value.
EVM compatibility: BSC is fully EVM compatible. It supports one of the most popular DeFi wallets – Metamask. Moreover, it has pre-integrated price oracles (e.g. ChainLink) which are very important for dApps of different types.
Credible platform: Binance is one of the most popular exchanges, and its credibility is shared across all its platforms, including the BSC.

iHero is relying on the security of BSC for the functioning of its smart contracts. We use smart contract events to keep track of ownership.

Token contracts are responsible for:

Last updated 3 years ago