Honest Mining & Binance partnership. Honest Mining will be the first Crypto Staking platform on Binance Chain, a blockchain network initiated by Binance.
Since our successful alpha launch in March, Honest Mining’s user base has been growing astronomically. Through migrating to Binance Chain, it could maximize the function of HNST as a utility token and gain more real usage as Binance chain concentrates on performance and usability. All HNST hodlers will be able to enjoy the near-instant transaction finality and one-second block times that Binance Chain offers. This also opens up HNST the possibility to join Binance DEX, a state of the art non-custodian crypto exchange that allows HNST to be easily reached by Binance community.
HNST migration from ERC-20 to BEP-2 will take commence in June 2019. We will work closely with Binance to deliver the optimal migration process at our platform wallet, Tokenomy.com wallet and Binance.com wallet. Once the migration is completed, ERC-20 based HNST will be converted to BEP-2 based HNST, and everyone will only be able to withdraw BEP-2 based HNST.
Honest Mining is proud to become part of the Binance Chain ecosystem. Together with Binance, we will bring a better blockchain ecosystem to the future.
About Binance Chain
Binance Chain is a blockchain software system initially developed by Binance and the community. Binance Chain is a community-driven development project with many developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain. https://www.binance.org/
About Honest Mining
Honest Mining is a crypto staking platform that helps people from every background to help strengthening the blockchain network through running Proof-of-Stake validators. Honest Mining allows people to run validators on our platform even with limited capital and technical knowledge. HNST is the native utility token of Honest Mining. Users can get discounted fees & stake different coins by owning HNST.
This article has been published: https://honestmining.com/blog/honest-mining-partnership-binance-chain/