Butane Docs
  • Summary
  • DOCUMENTATION
    • Learn about the Butane Platform
      • Butane Overview: vision, strategy and platform components
      • The Butane Blockchain
        • Discovering the Network
        • Butane Consensus
        • Delegation through Staking with Validators
        • Ethereum (EVM) Compatibility and Smart Contracts
        • Boosting Butane's Scalability
      • Butane Token (BBC)
        • BBC Tokenomics
        • Exchanges, Wallets, On-Ramps and DeFi Tools Supporting BBC
        • BBC on Other Chains
      • Interoperability
      • Butane Governance and Development
        • Butane Assembly
        • Butane Improvement Proposals (FIPs)
      • Wallets supporting Butane
    • Butane for Business
    • Things you can do on Butane
      • Interacting with the Butane Blockchain
      • Butane Ecosystem
      • Community
      • Grants and Bounties
    • Butane Mobile Infrastructure Use Cases
  • Developers
    • Network Details
      • Butane Mainnet
      • Butane Testnet Spark
      • Token Faucets
      • Network Upgrades
        • Upgrade Guide
        • Upgrade Guide (explorer nodes)
        • Block 13,800,000 Fork
        • FIP's
    • Butane Consensus
      • Contracts Overview
      • Stake, Delegate and Withdraw
      • Vote
      • End-of-Cycle Flow
      • Contract Addresses
    • How to run network nodes
    • Resources & Tools
      • TheGraph
      • WalletConnect on Butane
    • Important smart contracts
      • Butane Token
      • Butane Dollar
      • Major Deployed Contracts
      • Bridges
        • Ethereum ↔ Butane GoodDollar Token
        • Ethereum ↔ Butane BBR20 Tokens
        • BSC ↔ Butane BNB
        • BSC ↔ Butane Native
        • BSC ↔ Butane BBR20
        • Ethereum ↔ Butane Native
    • How to become a validator
      • Getting started as a validator
      • Getting started as on the Butane testnet
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  1. DOCUMENTATION
  2. Learn about the Butane Platform

The Butane Blockchain

PreviousButane Overview: vision, strategy and platform componentsNextDiscovering the Network

Last updated 1 year ago

Network Overview and Key Metrics

Butane is the decentralized EVM-compatible public blockchain that powers the Butane platform and ecosystem. It is fully compatible with Ethereum meaning that any smart contract that can be deployed on the latter can also run on top of Butane.

The Butane blockchain uses a variant of delegated Proof of Stake (dPoS) for achieving . The consensus is secured by a significant number of independent validators, only one of which is run by the Butane core team.

Validators are also responsible for the most important type of governance on Butane, namely, adopting the network protocol changes via (FIPs).

The native token of the network is called BBC. New BBC tokens are issued with every added block and are also use to pay for gas, just like ETH on Ethereum.

The Butane blockchain is designed to ensure fast block confirmation times and a low cost of transactions. The average block interval on Butane is around 5 seconds, and it currently costs much less than $0.01 to get a transaction confirmed.

In its present capacity, the Butane blockchain is capable of processing around 120 native token transfers and 60 BBR20 token transfers per second. The faster processing of native token transfers is due to the fact that they do not involve computations run on the network's virtual machine.

consensus
Butane Improvement Proposals