Binance’s BNB Chain Launches opBNB: A New Era of Multichain Future

The future will see many popular applications or advanced alternatives operating on the blockchain. This future is destined to be multichain, featuring powerful alternatives in all respects. For instance, Mina could offer a solid infrastructure for critical operations like identity verification. Speedy, inexpensive layer1,2 solutions could cater to games and social media platforms. Binance is focusing on this. Binance Development Binance, supported by its BNB token, has launched opBNB, a layer2 solution, on the testnet of its blockchain ecosystem, the BNB Chain. According to BNB Chain’s latest announcement, opBNB is an Ethereum Virtual Machine (EVM)-compatible scaling network based on Optimism’s OP Stack and utilizing optimistic rollups. Its goal is to enhance transaction speeds and reduce fees. Senior Solutions Architect at BNB Chain, Arnaud Bauer, stated that this network would escalate transaction speeds to 4000 per second. Transaction fees will also be significantly reduced. For instance, the transaction fee on the […] The post Binance’s BNB Chain Launches opBNB: A New Era of Multichain Future appeared first on COINTURK NEWS.