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Blockchain

opBNB Mainnet Officially Launched With Over 150 Projects Onboard

September 13, 2023 - Around 2 mins mins to read

Key Points:

  • The opBNB Mainnet has officially launched, marking a significant advancement in Web3 and blockchain technology.
  • Built on the Optimism OP Stack, opBNB offers cheaper gas fees, modularity, and Optimistic Rollup technology for efficient transactions.
  • With over 150 projects onboard, the mainnet launch promises increased accessibility and affordability.
The highly anticipated opBNB Mainnet has officially launched, marking a significant milestone in the world of Web3 and blockchain technology.
Binance's opBNB Mainnet Officially Launched With Over 150 Projects Onboard

This Ethereum Virtual Machine (EVM)-compatible Layer 2 chain, based on the Optimism OP Stack, has garnered widespread attention for its commitment to delivering cheaper gas fees and expanding access to blockchain capabilities.

The opBNB journey commenced on June 19, 2023, with the introduction of its Testnet. In the months that followed, the community and developers collaborated tirelessly to test the network’s capabilities, achieving remarkable milestones, including processing over 35 million on-chain transactions, connecting with 435,972 unique wallet addresses, and deploying 150+ decentralized applications (dApps) on the Testnet.

opBNB’s unique architecture, built upon the OP Stack, offers inherent modularity. This modular approach enables the independent operation of components within the network, dynamically synchronizing them to enhance overall system performance. Notably, it separates the data availability (DA) layer from the execution layer, providing flexibility in choosing different DA options and switching between schemes as needed.

Utilizing Optimistic Rollup technology, opBNB efficiently organizes and batches transactions on its execution layer, streamlining validation on the main network. According to Ethereum founder Vitalik Buterin, rollups can package up to ten thousand transactions, simplifying validation through pre-state and post-state execution roots. A sequencer ensures that blocks are arranged in the correct order for processing.

With over 150 projects committed to integrating with or building on opBNB, this Mainnet launch heralds a new era of blockchain innovation, emphasizing accessibility and affordability. Users can now join the opBNB Mainnet, taking the first steps towards a more inclusive and efficient blockchain experience.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Binance

OP Stack

opBNB

optimism

Author

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.
Blockchain

opBNB Mainnet Officially Launched With Over 150 Projects Onboard

Key Points:

  • The opBNB Mainnet has officially launched, marking a significant advancement in Web3 and blockchain technology.
  • Built on the Optimism OP Stack, opBNB offers cheaper gas fees, modularity, and Optimistic Rollup technology for efficient transactions.
  • With over 150 projects onboard, the mainnet launch promises increased accessibility and affordability.
The highly anticipated opBNB Mainnet has officially launched, marking a significant milestone in the world of Web3 and blockchain technology.
Binance's opBNB Mainnet Officially Launched With Over 150 Projects Onboard

This Ethereum Virtual Machine (EVM)-compatible Layer 2 chain, based on the Optimism OP Stack, has garnered widespread attention for its commitment to delivering cheaper gas fees and expanding access to blockchain capabilities.

The opBNB journey commenced on June 19, 2023, with the introduction of its Testnet. In the months that followed, the community and developers collaborated tirelessly to test the network’s capabilities, achieving remarkable milestones, including processing over 35 million on-chain transactions, connecting with 435,972 unique wallet addresses, and deploying 150+ decentralized applications (dApps) on the Testnet.

opBNB’s unique architecture, built upon the OP Stack, offers inherent modularity. This modular approach enables the independent operation of components within the network, dynamically synchronizing them to enhance overall system performance. Notably, it separates the data availability (DA) layer from the execution layer, providing flexibility in choosing different DA options and switching between schemes as needed.

Utilizing Optimistic Rollup technology, opBNB efficiently organizes and batches transactions on its execution layer, streamlining validation on the main network. According to Ethereum founder Vitalik Buterin, rollups can package up to ten thousand transactions, simplifying validation through pre-state and post-state execution roots. A sequencer ensures that blocks are arranged in the correct order for processing.

With over 150 projects committed to integrating with or building on opBNB, this Mainnet launch heralds a new era of blockchain innovation, emphasizing accessibility and affordability. Users can now join the opBNB Mainnet, taking the first steps towards a more inclusive and efficient blockchain experience.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.