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

When To Move Stablecoin Yield Position: Migration Calculator

October 29, 2026

Multiple DeFi Positions Disappeared Tracking Protocol

October 1, 2026

Which LST Should You Hold?

September 3, 2026
Add A Comment

Comments are closed.

Recent Posts

FirmsDirectory Introduces Top 100 Websites by Industry to Help Users Discover Businesses Across Multiple Sectors

October 29, 2026

Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

October 29, 2026

Ondo Intelligent Portfolios Lineup Expands to Solana

October 29, 2026

MEXC Reports 88% Growth in AI-Related Tokenized U.S. Stock and ETF Trading Volume in September, With Four Infrastructure Sectors Up Over 90%

October 29, 2026

When To Move Stablecoin Yield Position: Migration Calculator

October 29, 2026

Bybit’s WSOT Is Coming Back With a Prize Pool of Up to 10 Million USDT

October 28, 2026

Immersive World Betting is coming for casinos. This game from Joy Studios and Cloudbet proves it.

October 28, 2026

PrimeXBT Brings Tesla, SpaceX, NVIDIA and More to Crypto Futures with New Tokenised Stocks

October 27, 2026

Mirae Asset Securities and Grvt Collaborate on Tokenised Funding Note Issuance

October 27, 2026

BC Game introduces Ali “Ako” Muhanned as CEO

October 27, 2026

SwapToZEC.com Highlights USDT-to-ZEC Swaps and Multi-Cryptocurrency Exchange Services

October 27, 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

FirmsDirectory Introduces Top 100 Websites by Industry to Help Users Discover Businesses Across Multiple Sectors

October 29, 2026

Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

October 29, 2026

Ondo Intelligent Portfolios Lineup Expands to Solana

October 29, 2026
Most Popular

Binance Update Affects FET, ENA, IO, AR, and W Updates Leverage and Margin Ratings for Multiple USDⓈ-M Perpetual Contracts

June 19, 2024

Celsius Loan creditors are planning an appeal against Chelsea’s reorganization plans amid frustration over the recovery.

April 26, 2024

We examine the possibility of LINK’s price breaking above $12 and hitting new highs.

October 26, 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.