> For the complete documentation index, see [llms.txt](https://calcdevs.gitbook.io/calculux-finance-v.01/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://calcdevs.gitbook.io/calculux-finance-v.01/technology.md). # Technology WHAT IS BINANCE SMARTCHAIN Binance Smart Chain (BSC) is a [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) network built for running smart contract-based applications. BSC runs in parallel with [Binance’s](https://coinmarketcap.com/exchanges/binance/) native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. Furthermore, Binance Smart Chain also implements the [Ethereum Virtual Machine (EVM)](https://coinmarketcap.com/alexandria/glossary/ethereum-virtual-machine-evm), which allows it to run Ethereum-based applications like [MetaMask](https://coinmarketcap.com/alexandria/glossary/metamask).The aim of the platform is to enable developers to build [decentralized applications (DApps)](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) and help users manage their digital assets cross-chain with low latency and large capacity. Binance Smart Chain has made immense traction in early 2021 so far partly thanks to Ethereum’s congestion and gas fee issues, which has caused developers and staking investors to look for other options. The BSC community made the network even more appealing to new users as a cost-effective and stable alternative, by lowering its gas fee from 15 Gwei to 10 Gwei to counter Binance Coin (BNB)’s insane price jump to over $500 in 2021. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://calcdevs.gitbook.io/calculux-finance-v.01/technology.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.