CryptoMediaClub
Sunday, July 6, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Ethereum

BNB Smart Chain Optimism-powered layer-2 opBNB hits mainnet

13.09.2023
A A
0
121
VIEWS
ShareShare

The BNB Chain blockchain ecosystem is set to tap into Optimism’s 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 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.

Related: Can the Optimism blockchain win the battle of the rollups?

BNB Chain senior solution architect Arno Bauer highlighted scalability and security as top priorities for the scaling solution while meeting stringent criteria:

“This 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.”

As Cointelegraph previously reported, opBNB is based on the Optimism OP Stack and is EVM-compatible, allowing it to interact with Ethereum-based smart contracts, networks and ERC-20 token standards.

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.

Optimism has seen significant growth 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.

A number of major decentralized finance (DeFi) protocols have also deployed on Optimism to harness its scaling capabilities. This includes the likes of Uniswap, Aave, 1inch Network, SushiSwap and Curve Finance.

Cointelegraph has reached out to BNB Chain to ascertain further details of opBNB’s development and other scaling solutions that may have been considered by the ecosystem.

Magazine: Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon

Share9Tweet6ShareSharePin2

Related Posts

ProShares announces launch of short Ether-linked ETF
Ethereum

ProShares announces launch of short Ether-linked ETF

02.11.2023
0

ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new...

Read moreDetails
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

02.11.2023
Top Swiss bank launches Bitcoin and Ether trading with SEBA

Top Swiss bank launches Bitcoin and Ether trading with SEBA

02.11.2023
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

02.11.2023
3 reasons why Ethereum price is down against Bitcoin

3 reasons why Ethereum price is down against Bitcoin

02.11.2023
Load More
Next Post
Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts

Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Privacy-Oriented Tokens, SocialFi Projects, Op-Eds, and Crypto Events

Privacy-Oriented Tokens, SocialFi Projects, Op-Eds, and Crypto Events

11 months ago
Bitcoin mining researchers claim new tech ups winning hash chance by 260%

Bitcoin mining researchers claim new tech ups winning hash chance by 260%

2 years ago
Senate Passes GENIUS Act, Paving Way for $239B Stablecoin Expansion

Senate Passes GENIUS Act, Paving Way for $239B Stablecoin Expansion

3 weeks ago
Binance adds fiat currency restrictions for Russian users

Binance adds fiat currency restrictions for Russian users

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead?

Bitcoin Price Prediction: Whispers of Satoshi After 80,000 BTC Move – Market Sentiment Shift?

Abstract and K-Pop Agency Modhaus Partner to Give Fans a ‘Real Seat at the Table’

$8.6B Bitcoin Move Sparks Fears of Massive Hack: Coinbase’s Conor Grogan

Trending

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move
All news

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

06.07.2025
0

XRP is trading at $2.27, up nearly 2% in the last 24 hours and more than 3%...

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

06.07.2025
Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

Why Snaky Way’s $AKE Token Is More Than Just a Meme Coin, Presale Ongoing

06.07.2025
Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

Ripple (XRP) Holders Achieve Financial Freedom by Starting Dogecoin (DOGE) Mining Machines through Blockchain Cloud Mining

06.07.2025
PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming?

06.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz