BNB Chain to Expand Network with ZkBNB and Optimistic Rollup Main Networks

02/16/2023 07:41 • Tech Trends • 96 views

On February 16, according to the content of BNB Chain’s 2023 road map, BNBChain will explore diversified network expansion solutions by launching the main network of ZkBNB and Optimal Rollup in the first half of 2023, providing more choices for different business cases. The ZkBNB and the Optimistic Rollup main network will continue to use BNB as the gas token. The network throughput of the Optimistic Rollup main network is about 5000-10000Tps/s, and the gas will be less than BSC.

BNB Chain will explore zkBNB, Optimistic Rollup and other expansion solutions in the first half of 2023

Analysis based on this information:

BNB Chain has recently announced their plan to launch the main network of ZkBNB and Optimistic Rollup, which are aimed at providing more choices for different business cases. According to the BNB Chain’s 2023 roadmap, this initiative is set to happen in the first half of 2023. It is said that these main networks will continue to use BNB as the gas token, making the integration process seamless for current BNB users.

The launch of these main networks is viewed as a strategic move by BNB Chain as they will be exploring diversified network expansion solutions. The use of ZkBNB and Optimistic Rollup as the main networks will significantly increase BNB Chain’s network capacity, which is a crucial aspect, considering the scalability challenges most blockchains face today.

ZkBNB is considered a second layer technology that utilizes zero-knowledge proofs (ZKP) to enhance privacy on the BNB Chain network. The technology provides an alternative approach to secure transactions without revealing any information apart from the sender and the receiver. This feature makes ZkBNB an ideal choice for privacy-focused transactions, which is an essential element in the decentralized finance (DeFi) space.

On the other hand, Optimistic Rollup main network aims to enhance network throughput while reducing gas fees. It can handle up to 5000-10000 transactions per second (Tps/s). This capacity is about five times that of Ethereum and ten times that of Binance Smart Chain (BSC), making Optimistic Rollup an optimal choice for high-volume transactions.

In conclusion, the launch of ZkBNB and Optimistic Rollup main networks is a significant development for BNB Chain as they seek to expand their network capabilities. The adoption of these technologies highlights the blockchain’s commitment to improving the scalability, privacy and transaction speed of their platform. By remaining focused on the user’s convenience, BNB Chain is setting itself up as a major player in the crowded world of blockchain technology.

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BNB Chain to Expand Network with ZkBNB and Optimistic Rollup Main Networks

BNB Chain will explore zkBNB, Optimistic Rollup and other expansion solutions in the first half of 2023

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