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opBNB, the layer-2 solution powered by Optimism on the BNB Smart Chain, launches on the mainnet.
The BNB Chain blockchain ecosystem is poised to utilize Optimism’s rollup technology, facilitating its newly introduced opBNB layer-2 scaling platform.
BNB Chain has declared the public mainnet launch of its Ethereum Virtual Machine (EVM)-compatible L2, which offers reduced gas fees and accelerated transactions for decentralized applications operating within the ecosystem.
The opBNB platform has reportedly processed over 35 million on-chain transactions and witnessed the deployment of more than 150 decentralized applications (DApps) on its testnet. BNB Smart Chain also asserts that the platform reached a peak of 4,000 transactions per second during a stress test of its performance.
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Arno Bauer, senior solution architect at BNB Chain, emphasized that scalability and security are primary focuses for the scaling solution while adhering to strict standards:
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“This included high availability, 4K transactions per second, rigorous stress testing, reduced gas costs under 0.2 gwei, fast finality under 1 second and enhanced security with multiple external audits.”
As previously reported by Cointelegraph, opBNB is built on the Optimism OP Stack and is EVM-compatible, enabling it to engage with Ethereum-based smart contracts, networks, and ERC-20 token standards.
This solution employs optimistic rollups to enhance transaction scalability by presuming that transaction data validated off-chain is accurate until proven otherwise. This technology has played a crucial role in assisting the Ethereum network’s scalability, although critics point out the week-long lockup of funds in these protocols while validation checks are underway.
Optimism has experienced notable growth in daily transaction volumes and an increasing number of active daily addresses, indicating that the layer-2 solution continues to provide value to users and DApps.
A variety of prominent decentralized finance (DeFi) protocols have also launched on Optimism to leverage its scaling features. This includes platforms such as Uniswap, Aave, 1inch Network, SushiSwap, and Curve Finance.
Cointelegraph has contacted BNB Chain to gather more information regarding opBNB’s development and any other scaling solutions that may have been evaluated by the ecosystem.
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