HashQuark and Hash Global to Partner with Binance Smart Chain as an Alternative Validator

HashQuark will be partnering with Binance Smart Chain as an alternative validator, together with Hash Global.

Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike Binance Chain, BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of Binance Chain intact while introducing smart contracts into its ecosystem. In essence, both blockchains operate side-by-side. It’s worth noting that BSC isn’t a so-called layer two or off-chain scalability solution. It’s an independent blockchain that could run even if Binance Chain went offline. That said, both chains bear a strong resemblance from a design standpoint.

HashQuark has begun developing a diverse array of blockchain infrastructure businesses starting since 2018, creating value while safeguarding the security of proof-of-stake-backed blockchains by way of node operation. With the help of its extensive industry resources, HashQuark has rapidly grown to become one of the largest infrastructure service providers. By now HashQuark has experiences running nodes for ETH2.0, Polkadot, Klaytn, etc.

BSC will be welcomed as a preferred partner to the HashQuark network to drive growth and mutual benefits. HashQuark’s publicity network and engaged community will be introduced to BSC to further evolve its development.

“Our probable partnership with BSC demonstrates our long-term belief in this promising project. We will work collaboratively with Hash Global to provide secure infrastructure services as always, paving the way for a more enabling blockchain ecology,” said Leo Li, CEO of HashQuark.

About HashQuark

HashQuark, member of HashKey Group, is a professional staking+ ecological service provider to ecologically promote and offer secure, transparent and efficient services to PoS and DPoS projects. With experiences running nodes for over 40 blockchain projects including Polkadot, Klaytn, Cosmos, Dfinity, it has partnered with the world’s leading crypto wallets, exchanges, and capital firms.