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Home»ADOPTION NEWS»BNB Chain Launches Rollup-as-a-Service Solution to Expand Layer 2 Ecosystem
ADOPTION NEWS

BNB Chain Launches Rollup-as-a-Service Solution to Expand Layer 2 Ecosystem

By Crypto FlexsMarch 14, 20242 Mins Read
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BNB Chain Launches Rollup-as-a-Service Solution to Expand Layer 2 Ecosystem
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Posted 1 minute ago In ~

BNB Chain has unveiled a rollup-as-a-service (RaaS) solution to scale custom layer 2 networks across its ecosystem.

RaaS provides dapp projects with the infrastructure they need to build cost-effective, dedicated rollups on the BNB Smart Chain (BSC), including no-code deployment options.

According to DeFiLlama data, BSC is the third-largest blockchain by total value, with a TVL of $6.1 billion, compared to Ethereum’s $56.7 billion and Tron’s $10.5 billion.

“By combining the power of RaaS with the interconnection capabilities of the ecosystem, developers will have a comprehensive toolkit to build efficient and scalable layer 2 on BSC,” the BNB Chain core development team said in a statement.

The BNB Chain ecosystem includes five different networks. BSC is a layer 1 blockchain compatible with the Ethereum virtual machine. Existing Layer 2 solutions opBNB and zkBNB; data storage network BNB Greenfield; BNB Beacon Chain – To be phased out as functionality migrates to BSC.

Layer 2, built on the BSC network, is connected via opBNB Connect, designed to promote interoperability within the ecosystem as part of the “One BNB” initiative to address the need for an integrated technology stack.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

James Hunt is a reporter for The Block, based in the United Kingdom. As a writer for The Daily newsletter, James also brings you up to speed on the latest cryptocurrency news every week. Before joining The Block in 2022, James spent four years in the industry as a freelance writer, contributing content to publications and cryptocurrency projects. James’ coverage covers everything from Bitcoin and Ethereum to layer 2 scaling solutions, avant-garde DeFi protocols, evolving DAO governance structures, the latest NFTs and memecoins, the regulatory environment, cryptocurrency company trading, and the latest market updates. Comprehensive. You can contact James on Telegram or X via @humanjets or email him at (email protected).
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