BNB Ecological New Public Chain Greenfield and its Cross-Chain Bridge with BSC

02/28/2023 11:00 • Tech Trends • 133 views

On February 28, the white paper of BNB Ecological New Public Chain Greenfield pointed out that Greenfield was built based on the Cosmos SDK. There was a native cross-chain bridge between Greenfield and BSC. The original BNB would be locked on BSC and recast on Greenfield. BNB and data operation primitives can flow between Greenfield and BSC. In addition, the total flow flux of BNB will remain unchanged, but will flow between BNB beacon chain, BSC and Greenfield.

Greenfield white paper: Cross-chain casting BNB will be started, and the total flow flux of BNB will remain unchanged

Analysis based on this information:

In the world of blockchain, one of the most significant developments is the introduction of public chains. Binance, one of the world’s most popular cryptocurrency exchanges, is taking the lead in the public chain space with its Binance Smart Chain (BSC). Binance’s native token, Binance Coin (BNB), is an integral part of the BSC ecosystem. Recently, Binance announced the launch of a new ecological public chain, Greenfield, which is built on the Cosmos SDK framework. The white paper of BNB Ecological New Public Chain Greenfield released on February 28, 2022, highlighted the key features of this new public chain.

The Cosmos SDK framework is a widely used blockchain development toolkit. Greenfield utilizes this framework to enable cross-chain communication with BSC. Greenfield has a native cross-chain bridge that links the two ecosystems of Greenfield and BSC. The original BNB tokens are locked on BSC and can be recast on Greenfield. This allows BNB to flow seamlessly between the two ecosystems.

With Greenfield’s launch, BNB and data operation primitives can flow between BSC and Greenfield. This means that the total flow flux of BNB will remain unchanged; instead, it will flow between BNB beacon chain, BSC, and Greenfield. In simpler terms, the flow of BNB will occur between the three mentioned chains, and its total volume will not change. This opens up new possibilities for BNB holders, as they can now seamlessly move their BNB tokens between BSC and Greenfield.

In conclusion, the introduction of BNB Ecological New Public Chain Greenfield and its cross-chain bridge between Greenfield and BSC is a significant development in the world of blockchain. It enables easy communication and transactional capabilities between the two ecosystems, allowing seamless flow of BNB and data operation primitives. This development opens the door to new possibilities for BNB holders, and the total flow of BNB in the ecosystem will remain unchanged.

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