Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»BNB Chain unveils opBNB’s roadmap: Here’s what it entails:
ALTCOIN NEWS

BNB Chain unveils opBNB’s roadmap: Here’s what it entails:

By Crypto FlexsNovember 30, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BNB Chain unveils opBNB’s roadmap: Here’s what it entails:
Share
Facebook Twitter LinkedIn Pinterest Email

reporter

Posted on: November 30, 2023

  • Our new roadmap can reduce transaction costs to $0.001.
  • Developers will have access to multiple nodes while opBNB is “high performing.”

November 29 Smart Contract Blockchain Ecosystem BNB Chain has announced a roadmap for its Layer 2 (L2) scaling solution. opBNB.

BNB Chain introduced opBNB last June. Specifically, the project uses optimistic rollups to reduce costs and deliver high throughput as part of its mission to drive blockchain innovation.

But at the time, it was unclear what L2 would bring. which roadmap Disclosure seems to have solved that problem.

Savings starts now

According to the BNB Chain team, opBNB will help reduce chain fees from $0.005 to $0.001. It was also mentioned that this is scheduled to launch in the fourth quarter of 2023.

AMBCrypto has confirmed the average transaction fees for BNB chain L1, discovery It was $0.115. As a result, the network fee for the BNB chain registered on November 29 reached 1586.94 Binance Coin (BNB). Bscscan.

Transaction fees on BNB chain

Source: BscScan

If opBNB fees eventually decrease, many BNB chain users may migrate to L2. By the third quarter of 2024, the web3 project stated that the goal is to ensure full coverage. avatar opBNB is a high-performance chain.

Greenfield and EIP-4844 to the rescue

To achieve this, the project said it is targeting 10,000 transactions per second (TPS) for opBNB users. He added that the blockchain will combine the features of EIP-4844 and BNB Greenfield.

BNB Greenfield is the blockchain infrastructure of the BNB Chain. Its goal is to help with decentralized data storage and security on the BNB chain. On the other hand, EIP-4844 provides advantages for rollups like opBNB.

that much Ethereum (ETH)The underlying standard does this by using “blob transport transactions” to reduce costs.

AMBCrypto also received an exclusive press statement from the development team. According to the team, the community will have no problem adapting to opBNB innovations. The team agreed:

“The opBNB community is the driving force behind our success. We recognize the tremendous potential of our community members to contribute not only to the development of opBNB’s dApps, but also to innovation in core chain technology.”

The team also noted that opBNB will also benefit developers. In response to this, L2 announced that various node types will be introduced.


Realistic or not, the following is Market capitalization of OP based on BNB


Nodes work together to ensure the smooth running of the blockchain. Network stakeholders do this by verifying the legitimacy of transactions before adding them to the decentralized network’s protocol software.

In this regard, BNB Chain mentioned that opBNB will offer archive nodes, fast nodes, and full nodes. For now, participants can only wait to see whether the BNB chain will follow the timeline.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Constellations of Stars: How XLM’s Visual Mapping Works

July 16, 2026

Bitcoin ETF Revamp: Investment Opportunity

July 9, 2026

JPMorgan Chase CEO opposes the Clarity Act and said banks will fight the bill in upcoming price hikes.

July 2, 2026
Add A Comment

Comments are closed.

Recent Posts

Numerai Completes Third Strategic NMR Buyback, Bringing Total Repurchases To $3.2 Million

July 17, 2026

As open interest rose and oversold conditions intensified, PI’s eyes rallied.

July 17, 2026

Ether.fi Partners With Nexus Mutual To Protect Against ETH Slashing At Institutional Scale

July 17, 2026

MEXC Adds Five Ondo Tokenized Stocks Spanning Semiconductors To Power Infrastructure

July 17, 2026

Bybit Reports Lowest BTC Spot Slippage Among Major Crypto Exchanges In Q1 2026, Driven By Rapid Price Improvement Mechanism

July 17, 2026

XRP hit $1.20 as Upbit flows hit their highest share since May 2024.

July 17, 2026

Multicoin Capital has made its first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform.

July 17, 2026

1win Expands Its Prediction Markets With Crypto Forecasts

July 17, 2026

750M+ USDT Futures Insurance Fund & 100% Asset Reserves

July 17, 2026

MEXC May–June Report -750M+ USDT Futures Insurance Fund & 100% Asset Reserves

July 16, 2026

Bitunix Exchange Launches Visa Debit Card For Daily Purchases And Earning

July 16, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Numerai Completes Third Strategic NMR Buyback, Bringing Total Repurchases To $3.2 Million

July 17, 2026

As open interest rose and oversold conditions intensified, PI’s eyes rallied.

July 17, 2026

Ether.fi Partners With Nexus Mutual To Protect Against ETH Slashing At Institutional Scale

July 17, 2026
Most Popular

Binance Launches FDUSD Flexible Product with Up to 11.5% APR Rewards

July 27, 2024

MicroStrategy Stock Outperforms U.S. Tech Giants: Is Bitcoin the Answer?

July 17, 2024

New Iggy Azalea Token Has ‘Huge Internal Activity’ – Analysis Firm

May 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.