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Binance blockchain peer 1 launches BNB Chain by introducing a new peer 2 language that addresses the “scalability problem.”
19 worms BNB Chain introduced opBNB, which is a worm 19 test launch. The new scaling solution for Level 2 is based on the Optimism OP stack, which, in other words, will add additional security and scalability to the Binance blockchain.
The system is based on an Ethereum virtual machine (EVM) at the same time as 2, which means that it works with smart contracts based on Ethereum, merged with ERC-20 token standards.
Blockchains often suffer from resale and high commissions for the hour of moving money to the border. BNB Chain is bluntly claiming close to 2,000 transactions per second with transaction fees of close to $0.10.
Apparently, opBNB can handle over 4,000 transactions per second and the average transaction rate is below $0.005.
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
In addition, opBNB also allows you to optimize the availability of data, cash flow and adjust the algorithm for the submission process to allow one-hour transactions. This allows you to increase the gas limit up to 100 million per block from 30 million, thus allowing Optimism.
In a statement, Binance called opBNB “replying to the scalability issue, as it has outgrown the mass adoption of blockchain technology.”
Optimism is a victorious optimistic link for scaling transactions, automatically admitting that the data of transactions, if they are processed by a rooted lancet, do not, the docks will not be brought to a greater extent.
In addition, the RPC (Remote Call Procedure) service will simplify the integration process by providing a manual interface.
Tse allow retailers to “get excited about the collation of addenda, without worrying about collapsing scaling equal 2”.
We’re already seeing the first wave of development on opBNB – who’s next? https://t.co/NnYmmMTP5Q
— BNB Chain (@BNBCHAIN) June 19, 2023
Cinneamhain Ventures partner Adam Cochran was one of the quiet ones who was skeptical about the development of pods, commenting that BNB Chain had problems with scaling, “stinks of stink centralized the Ethereum fork and pushed the gas limit to an unsafe level.”
Adding that the launch of the Optimism fork is “not a big deal”, there were other options, such as advancing to Optimism as a “superchain”, or else equal 2 without a middle on Ethereum, or equal 3 on Optimism or Arbitrum.
Pov’yazane: Optimism successfully completes the “Bedrock” hard fork, depositing and commission for the first day in a short time
Behind the credits of DeFiLlama, BNB is the third largest after Ethereum and Tron from the point of view of the massively blocked DeFi warehousing. The total TVL is 3.38 billion dollars, the 24-year commitment is 264 million dollars, and close to a million active employees today.