In order to bring scalability to its blockchain, the BNB Smart Chain is launching its own layer 2 called opBNB. Built on Optimism’s OP Stack technology, the network deployed its testnet this week.
The BNB Smart Chain launches the testnet of its layer 2
Second layer solutions are scaling technologies regularly put forward to address certain issues of layer 1 blockchains on top of which they are built. Now it’s the BNB Smart Chain’s turn 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 Coinbase’s recent Base, or Optimism (OP) of course. However, a few adjustments have been made, in particular to reduce costs while increasing the capacity of transactions per second :
“Thanks to these new features, opBNB can handle more than 4,000 transfer transactions per second and keep the average cost of a transaction below $0.005. “
Like its layer 1, opBNB is compatible with the Ethereum Virtual Machine (EVM). What’s more, if the network lives up to its promise, it could be an interesting choice for the NBB Smart Chain’s Web3 gaming strategy.
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. The roadmap for the launch of the mainnet has not yet been unveiled.
Alongside this announcement, the price of BNB has not changed particularly, and is trading at just under $240 at the time of writing
