凌波L

BNB is the native token of Binance (the world's largest cryptocurrency exchange), and since its launch in July 2017, it has been on a rapid rise, currently holding the third position in market capitalization in the crypto market. Its success can be attributed to its unique advantages in three areas: technical architecture, economic model, and ecosystem development—especially in transaction costs, network speed, and ecosystem activity, where it has clearly outperformed Ethereum by a large margin.
Technology: incredibly fast, but somewhat 'centralized'.
BNB Chain uses a consensus mechanism called PoSA, which stands for 'Proof of Staked Authority'. The name sounds a bit convoluted, but it actually combines 'Proof of Authority' (PoA) and 'Delegated Proof of Stake' (DPoS) together. Simply put, the entire network is maintained by a fixed number of 21 validator nodes, which is highly efficient—blocks are produced in just 3 seconds, with a theoretical processing capacity of up to 5000 transactions per second (TPS), and transaction fees are less than 1/30 of Ethereum's. However, there is no free lunch in this world. In pursuit of speed and low costs, BNB Chain has made compromises in decentralization. After all, with only 21 validators, control is relatively centralized. But on the flip side, for ordinary users, the experience is indeed much better: it's fast and cheap, who wouldn't love that?

The topic of stablecoins has been hot recently.
• USA: Implementation in July 2025 (GENIUS Act) - signed by Trump, clarifying that stablecoins are non-securities assets, requiring 1:1 reserves in USD/short-term US Treasury bonds, prohibiting interest payments, providing legal protection for compliant issuance.
• Hong Kong: Release on August 1, 2025 (Stablecoin Regulations) - the world's first fiat stablecoin licensing system, requiring licensed operations, 100% high liquidity reserves, regular audits, attracting tech giants like Ant Group and JD.com to apply for licenses.
• EU: Full implementation of MiCA regulation - establishes regulatory standards for stablecoins, requiring issuers to have sufficient capital and risk management capabilities, providing compliance guidelines for the industry.

The core mission of the XRP project

In one sentence, the core mission of the XRP project is to leverage blockchain technology to enhance the efficiency of the global financial system, especially in the field of cross-border payments. It is more like an 'improver' dedicated to serving existing financial institutions, rather than a 'revolutionary' like Bitcoin that aims to disrupt traditional finance.
A simple explanation of the core content
Core mission: Achieve a 'value internet' that allows money to flow freely, quickly, and at low cost on the global internet, just like information.

Development goal: Provide cross-border payment solutions for financial institutions to become the 'highway' for cross-border transfers between banks and payment institutions, addressing the current issues of slow speed and high costs.