In order to bring scalability to its blockchain, the BNB Smart Chain is launching its own layer 2 called opBNB. Built on Optimism OP Stack technology, the network rolled out its testnet this week.
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BNB Smart Chain launches its layer 2 testnet
Second layer solutions are scaling technologies regularly put forward to address certain issues of the layer 1 blockchains on which they are built. It is now the turn of the BNB Smart Chain to present its own layer 2 called opBNB :
As blockchain technology continues to evolve, scalability remains a critical challenge.
But fear not! Enter opBNB, a game-changing Layer 2 scaling solution designed to overcome the limitations of Layer 1 (L1) networks.
Let’s discuss opBNB below 🧵https://t.co/irYn1OPtfQ
— BNB Chain (@BNBCHAIN) June 19, 2023
This solution is based on Optimism OP Stack technology, just like the recent Coinbase Base, or even Optimism (OP) of course. However, a few adjustments have been made, in particular to reduce costs while increasing the capacity of transactions per second:
“With these new features, opBNB can handle over 4,000 transfer transactions per second and keep the average cost of a transaction below $0.005. »
👉 To go further — Find our fact sheet on the BNB Chain ecosystem
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Like its layer 1, opBNB is compatible with the Ethereum Virtual Machine (EVM). In addition, if the network keeps its promises, it could be an interesting choice for the strategy of the BNB Smart Chain vis-à-vis Web3 gaming.
The testnet opened its doors on Tuesday, and the various players in the ecosystem are invited to come and build on the network and share their feedback. For now, the roadmap for the launch of the mainnet has not been revealed.
In parallel with this announcement, the price of BNB has not changed particularly, and is trading slightly below 240 dollars at the time of writing.
👉 Also in the news — Etherscan introduces “Code Reader” for reading smart contracts using AI
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Source: BNB Smart Chain
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I timidly discovered the world of blockchain at the end of 2018 during my quest for financial freedom. Initially invested moderately, it was only two years later that I took the gamble of betting everything on the movement that was taking shape then. I then dedicate 2021 to training myself better to acquire more knowledge and seriousness. As I often like to say: I still have a billion things to learn. And what I do know, I want to share with you.
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