On September 13, 2023, BNB Chain announced the launch of its Layer 2 network, opBNB, which is compatible with the Ethereum Virtual Machine (EVM) and based on the Optimism OP Stack. This launch aims to provide more cost-effective gas fees for blockchain projects. OpBNB is a Layer 2 solution built on top of the BNB Chain ecosystem. It underwent extensive testing, during which no major issues were found, leading to its public launch.
The journey to the opBNB Mainnet began with the Testnet launch on June 19, 2023.
During the testing phase, the community and developers achieved impressive milestones:
Over 35 million on-chain transactions processed.
Connection to 435,972 unique wallet addresses.
Deployment of more than 150 decentralized applications (dApps) on the Testnet.
Testnet demonstrated outstanding processing performance with fast block times, high daily block processing, and a significant transaction volume.
OpBNB focused on scalability and security, meeting key criteria before the Mainnet launch:
Implementing a High Availability (HA) solution to prevent a single point of failure.
Achieving a peak of 4,000 transactions per second (TPS).
Conducting stress testing to assess performance and scalability.
Ensuring reduced gas costs with an average of 0.2 gwei.
Ongoing internal and external security audits to enhance infrastructure security.
OpBNB's main advantages include extremely low gas costs (as low as 0.2 gwei) and reduced transaction costs (as low as $0.005 per transfer transaction).
Security is a top priority, with a trustless approach and data verification by all full nodes.
Users can utilize Deposit transactions to guarantee inclusion in the L2 chain and upgrade core opBNB smart contracts through a multisig wallet. OpBNB's future plans include:
Enhancing off-chain transaction security within the OP Stack framework.
Implementing account abstraction for network flexibility.
Ensuring data availability and interoperability with the BNB Greenfield ecosystem.
Developing a decentralized sequencer mechanism for block production fairness and security. OpBNB's commitment is to create a robust, decentralized, and high-performance blockchain network, inviting users to join them on their journey to unlock the potential of Web3 and bring the next billion users into the ecosystem.
Participants who have completed the required entry tasks before August 26 can claim an NFT.
Users who have NFT will have VIP benefits– priority access to activities, partner airdrops, whitelist slots, and more. Secure it here.
Explore the OpBNB Mainnet Ecosystem, a world of innovation, engagement, and endless possibilities. Check out these exciting projects and opportunities:
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Celebrate the Launch on opBNB Mainnet, Grab 1 Million $COMBO
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Earn $Hip Hop Packages
MathVerse City Metropass lucky fellow party!
Earn 555,555 $MMM Tokens with Meta Merge! Discover these projects and seize the opportunities they offer within the opBNB Mainnet ecosystem.
Stay tuned for more campaigns.