Umbrella Network Defects Ethereum Network for Binance Smart Chain (BSC) due to Scalability and Cost Issues
The Umbrella Network aims to attract more retail and professional validators on its oracle to scale its business to the global market. Umbrella Network, a decentralized oracle service providing low-cost, scalable, and secure solutions for smart contracts, has defected its long-time partner Ethereum network over cost and scalability issues and joined Binance Smart Chain (BSC). According to the company, Binance Smart Chain is extremely cheaper and scalable in comparison to the former.
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