BNB Chain announced the launch of the opBNB testnet, a Layer 2 scalability solution based on the Optimism OP Stack, which has attracted widespread attention. opBNB has achieved a high-performance Layer 2 network compatible with the Ethereum Virtual Machine (EVM) through innovative technologies such as optimizing data accessibility, improving the cache system, and adjusting the submission process algorithm. The testnet will be launched on June 19, 2023, and calls on testnet validators and dApp builders to participate in testing and provide feedback.
The launch of opBNB means that BNB Chain has responded to the scalability challenges of large-scale application of blockchain technology. As a Layer 2 network based on Optimistic Rollups, opBNB moves computing and state storage off-chain, reducing the burden on the main chain, alleviating network congestion, and reducing transaction costs. opBNB can support more than 4,000 transfer transactions per second, with an average transaction cost of less than $0.005.
The importance of opBNB lies in the fact that it uses the technology of Optimistic Rollups to execute transactions off-chain, but publishes them to the mainnet by calling data, thus achieving a high-throughput environment and reducing gas fees. In addition, opBNB uses a fraud proof scheme to ensure the validity of transactions, providing additional trust and confidence for users and developers.
For projects and developers, opBNB brings many benefits. Developers can build applications on a platform compatible with Ethereum tools and dApps, enjoy higher throughput and significantly reduced transaction costs, providing a better user experience. At the same time, opBNB’s scalability will allow projects that were previously limited by the burden of high transaction volumes on BSC to thrive. In addition, opBNB provides developers with a flexible framework for future development, allowing them to easily add new features and try out innovative ideas.
The launch of opBNB will also enrich the integration of the BSC ecosystem, developers and projects can interoperate with other projects and tokens, further promoting the growth of applications. opBNB will become an important choice for building an efficient, scalable and sustainable blockchain ecosystem.
In short, the launch of the opBNB testnet, a Layer 2 network based on the Optimism OP Stack, by BNB Chain marks an important step forward in the scalability of the blockchain ecosystem. The launch of opBNB will provide developers and projects with an efficient, scalable and secure environment, contributing to the future development of blockchain technology. Please look forward to the release of the testnet on June 19, and let us work together to use the power of opBNB to create a better blockchain future. #BNB
