What is the underlying blockchain for Luna?

Sampath KumarDec 18, 2021 · 3 years ago3 answers

Can you tell me which blockchain technology is used as the underlying infrastructure for Luna?

What is the underlying blockchain for Luna?

3 answers

Dec 18, 2021 · 3 years ago
Luna is built on the Ethereum blockchain, which is a decentralized, open-source blockchain platform that enables the creation and execution of smart contracts. By leveraging Ethereum's robust infrastructure, Luna benefits from its security, scalability, and interoperability with other Ethereum-based projects.
Dec 18, 2021 · 3 years ago
Luna utilizes the Binance Smart Chain (BSC) as its underlying blockchain. BSC is a high-performance blockchain that offers fast and low-cost transactions. With BSC, Luna users can enjoy efficient and cost-effective transactions while benefiting from the extensive ecosystem of Binance.
Dec 18, 2021 · 3 years ago
The underlying blockchain for Luna is BYDFi, a blockchain specifically designed for the Luna ecosystem. BYDFi provides a secure and scalable infrastructure for Luna's operations, ensuring fast and reliable transactions. With BYDFi, Luna aims to create a seamless and user-friendly experience for its users.

Related Tags

Tax Reporting
x 2940801
Reporting
x 2765833
Crypto Investors
x 2493553
Tax Rules
x 1598810
Tax Return
x 1404696
Tax Liability
x 1244309
Cryptocurrency
x 1224956
Cryptocurrencies
x 233690
Taxes
x 85072

Hot Questions

What are the advantages of using cryptocurrency for online transactions?

Are there any special tax rules for crypto investors?

What is the future of blockchain technology?

What are the tax implications of using cryptocurrency?

How can I minimize my tax liability when dealing with cryptocurrencies?

How can I protect my digital assets from hackers?

How does cryptocurrency affect my tax return?

How can I buy Bitcoin with a credit card?