Blockchain

Layer-2 Scaling Solution Boba Network Integrates With BNB Chain

Enya, a blockchain development startup, announced the launching of a Layer 2 scaling solution dubbed Boba Network on BNB Chain, with the goal of scaling blockchain applications.

Layer-2 Scaling Solution Boba Network Integrates With BNB Chain 2

According to the blockchain, BobaBNB introduces next-generation smart contracts leveraging real-world data and off-chain compute to enhance developers’ experience and possibilities.

The partnership with BNB Chain and Boba Network will allow for numerous integrations on Boba Network within the Binance ecosystem. The first movers on the new BOBA BNB L2 include SushiSwap, BIZI, Nova Miningverse, Lady Blur, Chronogames, Foxtrot Command, and Nifty Souq.

Boba is an Optimistic Rollup, a scaling solution that uses off-chain processing to make transactions on any particular blockchain cheaper and quicker.

While Boba primarily targeted Ethereum, the team expanded the service to other chains, with BNB Chain being the most recent after previously launching on Fantom, Avalanche, and Moonbeam.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.