{"id":155228,"date":"2023-09-13T20:25:32","date_gmt":"2023-09-13T14:55:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=155228"},"modified":"2023-09-13T20:25:32","modified_gmt":"2023-09-13T14:55:32","slug":"bnb-smart-chain-optimism-powered-layer-2-opbnb-hits-mainnet-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bnb-smart-chain-optimism-powered-layer-2-opbnb-hits-mainnet-crypto-news\/","title":{"rendered":"BNB Smart Chain Optimism-powered layer-2 opBNB hits mainnet – Crypto News"},"content":{"rendered":"
\n

The BNB Chain blockchain ecosystem is set to tap into Optimism\u2019s rollup technology, powering its newly launched opBNB layer-2 scaling platform.<\/p>\n

BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM)-compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the ecosystem.<\/p>\n

The opBNB platform reportedly handled over 35 million on-chain transactions and saw more than 150 decentralized applications (DApps) deployed on its testnet. BNB Smart Chain also claims that the platform achieved a peak of 4,000 transactions per second during a stress test of its capabilities.<\/p>\n

Related:<\/em><\/strong> Can the Optimism blockchain win the battle of the rollups?\u00a0<\/em><\/strong><\/a><\/p>\n

BNB Chain senior solution architect Arno Bauer highlighted scalability and security as top priorities for the scaling solution while meeting stringent criteria:<\/p>\n

\u201cThis included high availability, 4K transactions per second, rigorous stress testing, reduced gas costs under 0.2 gwei, fast finality under 1 second and enhanced security with multiple external audits.\u201d<\/p><\/blockquote>\n

As\u00a0Cointelegraph previously reported<\/a>, opBNB is based on the Optimism OP Stack<\/a> and is EVM-compatible, allowing it to interact with Ethereum-based smart contracts, networks and ERC-20 token standards.<\/p>\n

This solution makes use of optimistic rollups to scale transactions by assuming that transaction data proven off-chain is valid until proven otherwise. The technology has been important in helping the Ethereum network scale, but critics highlight the week-long lockup of funds in these protocols, while validation checks are processed.<\/p>\n

Optimism has seen significant growth<\/a> in daily transaction volumes processed and an increasing number of active daily addresses, suggesting that the layer-2 solution continues to offer value to users and DApps.<\/p>\n

A number of major decentralized finance (DeFi) protocols have also deployed<\/a>\u00a0on Optimism to harness its scaling capabilities. This includes the likes of Uniswap, Aave, 1inch Network, SushiSwap and Curve Finance.<\/p>\n

Cointelegraph has reached out to BNB Chain to ascertain further details of opBNB\u2019s development and other scaling solutions that may have been considered by the ecosystem.<\/p>\n

Magazine:<\/em><\/strong> Recursive inscriptions: Bitcoin \u2018supercomputer\u2019 and BTC DeFi coming soon<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The BNB Chain blockchain ecosystem is set to tap into Optimism\u2019s rollup technology, powering its newly launched opBNB layer-2 scaling platform. BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM)-compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the ecosystem. The opBNB platform reportedly handled […]<\/p>\n","protected":false},"author":2,"featured_media":155229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-155228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=155228"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155228\/revisions"}],"predecessor-version":[{"id":155231,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/155228\/revisions\/155231"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/155229"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=155228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=155228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=155228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}