BEP-2 isn’t a piece of software, but rather a set of technical specifications. These rules ensure that tokens in the BNB Beacon Chain ecosystem can seamlessly interact with each other. BEP-2 tokens can represent a wide range of digital assets and tradable goods. The standard ensures that they can all smoothly integrate with each other and the surrounding ecosystem.
The BEP-2 standard also defines some of the basic and most essential features of tokens issued on BNB Beacon Chain. While the standard defines the rules, different tokens will still have different implementations for the specific use cases they’re created for. Still, creating a standard like this significantly decreases the amount of effort required from developers to issue tokens.
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