• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
Coinlive
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
Coinlive
No Result
View All Result
Home Crypto News

BNB Chain’s opBNB layer-two answer moves to the mainnet

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

DAO Utopia payment solution has announced to stop working

DAO Utopia payment option has announced to halt operating

October 4, 2023
Connext Network: Web3 cross-chain building solution

Connext Network: Web3 cross-chain setting up resolution

October 3, 2023

opBNB, a layer two scaling answer on BNB Chain, guarantees to give customers and tasks reasonably priced and available fuel charges.

The OpBNB layer-two answer officially moves to the mainnet

Journey from the testnet to the opBNB mainnet

On the afternoon of September 13, 2023, BNB Chain announced the official mainnet deployment for opBNB, its layer-two growth answer soon after numerous months of advancement.

Today we launch the opBNB mainnet!

Our Layer two answer is now thoroughly accessible to the public, enabling lightning-rapid transactions and ultra-very low charges! ⚡

Let’s dive deeper into the remarkable rewards this brings to BSC 🧵[1/6]https://t.co/vRK7Pbyk4b pic.twitter.com/hqxt3ChsR4

— BNB Chain (@BNBCHAIN) September 13, 2023

opBNB it is an extensible network compatible with Ethereum Virtual Machine (EVM)developed on the foundations Stack OP of optimism and use the answer Optimistic rollups.

Since launching the testnet on June 19, 2023, opBNB has accomplished numerous exceptional effects, together with:

  • Processed a lot more than 35 million transactions on-chain.
  • Connected to 435,972 wallet addresses (at the time of creating).
  • Over 150 dApps distributed on Testnet.
  • More than 86,000 blocks are processed every single day with a time of only about one 2nd/block.
  • Ensure stability in each day transactions of one hundred-150,000.
  • Build an energetic local community of above six,000 each day energetic customers.

With the aim of scalability and protection, opBNB Mainnet met all the required criteria:

  • High effectiveness (HA) answer to protect against single factors of failure.
  • Achieve four,000 transactions per 2nd (TPS) and retain a secure TPS of two,six,000.
  • Continuously carry out check campaigns to assess effectiveness, scalability, and integrity.
  • Cheaper expenses assured with an typical fuel tariff of all-around .two gwei, equivalent to $.005 per income transfer transaction.
  • Continuous protection checks (each inner and external) to increase the protection of the infrastructure.

Additionally, BNB Chain explained there have been a lot more than 150 tasks committed to integrating or building opBNB, together with a variety of protocols that have gone reside.

There have been a lot more than 150 tasks committed to integrating or building opBNB. Photo: BNB chain

BNB Chain joins the layer-two game

BNB Smart Chain is element of the BNB Chain ecosystem, with each other with:

  • BNB Beacon Chain (staking and governance degree of the BNB Chain ecosystem)

  • BNB Greenfield (decentralized information storage process)

  • zkBNB (a Layer two network primarily based on Zk-Rollups) – is also in testnet standing, possessing launched in September 2022.

According to the announcement, soon after the launch of Mainnet, opBNB will attain the following goals:

  • Strengthen the fraud-evidence process – Type of proof sent by Verifiers to Layer-one when they detect suspicious transactions for anti-fraud functions, typically employed in the Optimistic Rollup model
  • Implement account abstraction – Improve network versatility and cut down complexity
  • Ensure seamless information availability and interoperability with BNB’s Greenfield ecosystem.
  • Decentralized sequencer – Increase fairness and protection in block manufacturing, assist cut down centralization hazards and enhance network resilience.

By focusing on these targets, opBNB aims to make an adaptable, decentralized, and substantial-effectiveness blockchain network. This will spur innovation and cross-platform digital adoption, marking a important milestone that could enrich BNB Chain’s place in the decentralized monetary ecosystem.

BNB Chain is slowly consolidating and strengthening its place to compete with Ethereum, whilst it is even now far behind in terms of worth locked on the blockchain. According to information from DefilLamathe complete worth locked (TVL) of Ethereum-primarily based applications is a lot more than $23.seven billion, and the TVL of BNB Chain-primarily based tasks is a lot more than $two.eight billion.

Top ten Blockchians with the biggest TVL, screenshot from DefiLlama on the afternoon of September 13, 2023

Coinlive compiled

Maybe you happen to be interested:

Join the discussion on the hottest challenges in the DeFi market place in the chat group Coinlive Chats Let’s join the administrators of Coinlive!!!

Tags: BNBBNB chainchainsLayer2main networkmainnetMovesopBNBsolution
Share76Tweet47

Related Posts

Ripple is officially licensed for payments in Singapore

Ripple is officially licensed for payments in Singapore

by Shiba Inu
October 4, 2023
0

Ripple mentioned it has officially obtained an MBI license from the Monetary Authority of Singapore (MAS), turning into a legal...

Trial schedule for former Celsius CEO Alex Mashinsky set

Trial routine for former Celsius CEO Alex Mashinsky set

by Shiba Inu
October 4, 2023
0

Alex Mashinsky, former CEO of Celsius, will seem in court in September 2024. Trial routine for former Celsius CEO Alex...

StarkWare has pushed back the initial STRK token unlock deadline to April 2024

StarkWare has pushed back the original STRK token unlock deadline to April 2024

by Shiba Inu
October 4, 2023
0

The Level two StarkWare task altered the token unlock contract to April 2024 for the to start with time, five...

Yield Protocol has announced its closure

Yield Protocol has announced its closure

by Shiba Inu
October 4, 2023
0

Fixed Rate Lending Protocol Yield Protocol has announced its closure due to the hard financial scenario and legal difficulties in...

US Prosecutes Chinese Companies Trading Fentanyl Using Cryptocurrency

US Prosecutes Chinese Companies Trading Fentanyl Using Cryptocurrency

by Shiba Inu
October 4, 2023
0

US officials just filed expenses towards a quantity of Chinese businesses and men and women concerned in fentanyl trafficking routines....

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Mining Network News NFT platform Price project Protocol Review SEC Token trading users wallet

Recent Posts

  • Ripple is officially licensed for payments in Singapore
  • Trial routine for former Celsius CEO Alex Mashinsky set
  • StarkWare has pushed back the original STRK token unlock deadline to April 2024
  • Yield Protocol has announced its closure
  • US Prosecutes Chinese Companies Trading Fentanyl Using Cryptocurrency
  • Looking for the trends that will drive the cryptocurrency marketplace up coming season
  • DAO Utopia payment option has announced to halt operating
  • Suspected hackers marketing OTC “loot” from CoinEx and Stake hack
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7