The BNB Chain blockchain ecosystem is set to tap into Optimism’s 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 DApps deployed on its testnet. BNB Chain also claim that the platform achieved a peak of 4,000 transactions per second during a stress test of its capabilities.<\/p>\n
Related:\u00a0Can the Optimism blockchain win the battle of the rollups?\u00a0<\/em><\/strong><\/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 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.<\/p>\n This solution makes use of optimistic rollups to scale transactions by assuming that transaction data that has been 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 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 on Optimism to harness its scaling capabilities. This includes the likes Uniswap, Aave, 1inch Network, SushiSwap and Curve Finance.\u00a0<\/p>\n 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.<\/p>\n