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

Which LST Should You Hold?

September 3, 2026

Constellations of Stars: How XLM’s Visual Mapping Works

July 16, 2026

Bitcoin ETF Revamp: Investment Opportunity

July 9, 2026
Add A Comment

Comments are closed.

Recent Posts

MEXC Returns to TOKEN2049 Singapore as Platinum Sponsor with Interactive Experiences and Industry Conversations

September 25, 2026

Ondo Launches Intelligent Portfolios, Powered by BlackRock, Bringing Portfolio Strategies Onchain

September 24, 2026

HIFI Raises $37 Million to Build Tokenized Financial Infrastructure as Wall Street Moves Onchain

September 24, 2026

Streamex Converts Interest Into Capital as GLDY Investment Strategy Secures $1M+ Institutional Allocation

September 24, 2026

Bybit Unveils “Make Your Move” as New Global Brand Campaign for The New Financial Platform

September 24, 2026

Bitcoin Up or Down in 5 Minutes? 1win Markets Launches Crypto Live

September 24, 2026

BC.GAME’s BC Engine Rewards Surpass $8.6 Million as Ecosystem Growth Accelerates

September 23, 2026

MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

September 22, 2026

MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

September 22, 2026

MEXC Launches “Real Stocks, Real Friends” with Rewards for Bringing Friends to Wall Street

September 22, 2026

SwapToZEC.com Adds Ethereum-to-Monero Conversion Route to Its Cryptocurrency Exchange Services

September 22, 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

MEXC Returns to TOKEN2049 Singapore as Platinum Sponsor with Interactive Experiences and Industry Conversations

September 25, 2026

Ondo Launches Intelligent Portfolios, Powered by BlackRock, Bringing Portfolio Strategies Onchain

September 24, 2026

HIFI Raises $37 Million to Build Tokenized Financial Infrastructure as Wall Street Moves Onchain

September 24, 2026
Most Popular

W3GG Launches Exclusive Private Token Sale for Community Members on July 1st

June 21, 2024

Qredo shutter derivatives exchange Ankex, launched by Michael Moro

December 15, 2023

According to Chainalysis, on-chain illicit cryptocurrency activity has decreased by nearly 20% since January.

August 16, 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.