Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » BNB Chain Advances Blockchain Ecosystem with opBNB Mainnet Launch

BNB Chain Advances Blockchain Ecosystem with opBNB Mainnet Launch

Kelly Cromley by Kelly Cromley
Aug 16, 2023
in Market News, News
Reading Time: 2 mins read
0

The BNB Chain, a leading smart contract blockchain, has achieved a significant stride in its blockchain ecosystem by unveiling the opBNB mainnet for infrastructure providers. This pivotal development marks a substantial step forward in the world of blockchain technology.

At the core of this groundbreaking achievement lies opBNB, an optimistic roll-up platform built upon the solid foundation of the BNB Chain and the OP Stack. Commencing its journey in August, the BNB Chain embarked on an ambitious journey of bolstering the opBNB testnet. This endeavor bore fruit in the form of the successful deployment of over 40 decentralized applications (dApps), the seamless processing of more than 86,000 daily blocks, and a remarkable tally of over 7 million transactions.

Launch of opBNB Mainnet Marks Milestone in BNB Chain’s Technological Growth

Noteworthy is the fact that daily transaction volumes oscillate between 100,000 and 150,000, driven by an active user base exceeding 6,000. Most notably, the opBNB platform has orchestrated a significant reduction in transaction costs, rendering transfers as economical as $0.005. The imminent launch of the opBNB mainnet in early September is poised to be a game-changing moment.

The BNB Chain, celebrated for its position as the largest smart contract blockchain, introduced the opBNB testnet with the intention of extending the reach and accessibility of blockchain technology. Leveraging the capabilities of the Optimism OP Stack, the testnet takes aim at amplifying the scalability of Layer 2 (L2) chains within the Ethereum Virtual Machine (EVM). This strategic approach aligns seamlessly with BNB Chain’s overarching objective of democratizing blockchain technology and ensuring inclusivity.

The dynamism of the opBNB mainnet is intrinsically tied to the BNB Chain’s technological evolution. Its adeptness in efficiently channeling transactions to Layer 2 represents a paradigm shift. This capacity not only alleviates network congestion but also curtails transaction costs. Aided by meticulously fine-tuned Optimistic Rollups, opBNB triumphs in achieving heightened scalability, cost efficiency, and fortification of Layer 1 (L1) security.

The inauguration of the opBNB mainnet underscores the unwavering dedication of the BNB Chain towards furnishing advanced blockchain solutions to a global audience. With its revolutionary attributes and a notable enhancement in transaction efficiency, opBNB emerges as a catalyst set to redefine the accessibility, scalability, and affordability of blockchain technology. The imminent public debut holds the potential to propel the boundaries of blockchain innovation, thereby seamlessly integrating it into the tapestry of everyday life.

Previous Post

Splint Invest Joins Forces with Tezos to Democratize Alternative Investments

Next Post

Saudi Arabia’s IR4LAB Introduces Innovative Blockchain Solution for Web3 Summit Registration and Certificates

Related Posts

Citi

Citi and Swift Advance Hybrid Settlement Model

by Kelly Cromley
Nov 15, 2025
0

Citi and Swift have completed a joint trial that is being interpreted as a significant move toward modernizing global settlement...

fc barcelona

FC Barcelona Partners with ZKP to Reinforce Privacy Tech

by Kelly Cromley
Nov 15, 2025
0

FC Barcelona has moved further into a technology-driven future by forming a long-term global partnership with Zero-Knowledge Proof (ZKP), now...

blackrock

BlackRock’s Tokenized BUIDL Fund Expands to BNB Chain

by Kelly Cromley
Nov 15, 2025
0

BlackRock has taken another step in blending traditional finance with blockchain infrastructure through the expansion of its USD Institutional Digital...

investment managment association of singapore

IMAS Unveils Blockchain Learning Tools for Asset Managers

by Kelly Cromley
Nov 15, 2025
0

The Investment Management Association of Singapore (IMAS) has rolled out a new set of educational resources designed to deepen the...

vechain

VeChain Adopts DPoS to Strengthen Security and User Participation

by Kelly Cromley
Nov 15, 2025
0

VeChain is preparing for a substantial evolution in its blockchain infrastructure as it transitions from a Proof of Authority (PoA)...

celonames

Celonames Brings Human-Readable Identities to the Celo Network

by Kelly Cromley
Nov 15, 2025
0

The Celo Foundation, working alongside cLabs, has announced the launch of Celonames, a new identity layer created in collaboration with...

Next Post
Saudi Arabia's IR4LAB Introduces Innovative Blockchain Solution for Web3 Summit Registration and Certificates

Saudi Arabia's IR4LAB Introduces Innovative Blockchain Solution for Web3 Summit Registration and Certificates

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

Citi
Market News

Citi and Swift Advance Hybrid Settlement Model

by Kelly Cromley
Nov 15, 2025
fc barcelona
Market News

FC Barcelona Partners with ZKP to Reinforce Privacy Tech

by Kelly Cromley
Nov 15, 2025
blackrock
Market News

BlackRock’s Tokenized BUIDL Fund Expands to BNB Chain

by Kelly Cromley
Nov 15, 2025
investment managment association of singapore
Market News

IMAS Unveils Blockchain Learning Tools for Asset Managers

by Kelly Cromley
Nov 15, 2025
vechain
Market News

VeChain Adopts DPoS to Strengthen Security and User Participation

by Kelly Cromley
Nov 15, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.