- BNB Chain has revealed its plans for 2024, which include launching a new scalability solution.
- OpBNB Connect is a layer-2 scaling solution that will enable DApps to build their own blockchains.
- BNB Chain will also upgrade its data storage layer, Greenfield, with new features and improvements.
BNB Chain, a blockchain ecosystem driven by its community, has revealed its plans for 2024. These include improving its performance, launching a new scalability solution called “opBNB Connect”, and focusing on specific types of decentralized applications (DApps) that can attract mass adoption.
Some of these DApps are related to decentralized finance (DeFi), gaming, and artificial intelligence (AI). The community also aims to increase the number of active validators from 40 to 100. OpBNB Connect is an upgraded version of opBNB, a layer-2 scaling solution based on Optimism OP Stack.
It will enable DApps with high potential for daily active users to build their own layer-2 blockchains. This will reduce the opBNB gas fees by up to 10 times to less than $0.0001, and increase the gas limits from 100 million to 200 million at a speed of 10,000 transactions per second (TPS).
Another innovation that BNB Chain plans to introduce is the “One BNB” concept, which will connect the layer-1 BNB Smart Chain (BSC), opBNB, and Greenfield. This will create a unified tech stack that will facilitate the transition of applications to fully on-chain Web3 frameworks.
Greenfield Executable and BNB Greenfield 2.0: New Features and Improvements
The core development team of BNB Chain talked about upgrading Greenfield, its data storage layer, with Greenfield Executable, a feature that will improve data processing efficiency and lower costs. The ecosystem will also improve its middleware infrastructure, such as the bundle service and the data availability layer, to handle data processing needs more effectively.
BNB Chain will also launch BNB Greenfield 2.0, which will offer better storage performance, new features for developers, and dedicated data infrastructure for AI, on-chain gaming, and decentralized social platforms (DeSoc).
To reach mass adoption of blockchain technology, BNB Chain will focus on specific applications that can drive user growth, such as high-frequency DeFi, fully on-chain games, AI, DeSoc, and high-performance infrastructure, such as account abstraction.
The core development team of BNB Chain said that these applications are the key to unlocking the potential of blockchain technology. They also said that they plan to increase the number of active validators from 40 to 100 and merge the Beacon Chain, a layer-1 blockchain, to boost blockchain efficiency and decentralization.