BNB chain to expand the layer-2 ecosystem with a new bundle of services

Bnb Chain To Expand The Layer-2 Ecosystem With A New Bundle Of Services


BNB Chain, an ecosystem powered by the BNB (BNB) token, has unveiled a bundled service solution for building a Layer-2 blockchain on the network.

On March 14, BNB Chain announced its wrapper-as-a-service (RaaS) solution to help projects build layer-2 networks on BNB Chain. The service expands the ecosystem of the BNB chain and provides access to the technological infrastructure needed to deploy Layer-2 networks on the blockchain.

BNB Chain explained that the service supports decentralized applications (DApps). This allows a wide range of project verticals to be deployed on Layer-2 networks, including blockchain games or decentralized finance. In addition, BNB Chain is also offering package management support and a “no-code” deployment option for projects that may not be familiar with coding.

The BNB Chain team described the layer-2 networks established by BNB Chain's RaaS service as being built on top of the BNB Smart Chain (BSC) as a “basic layer-1 blockchain and governance chain.”

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According to BNB Chain's core development team, the new service aims to support the widespread adoption of Web3 technology. are there:

“By combining the power of RaaS and the connectivity capabilities of our ecosystem, developers will have a comprehensive toolkit to build efficient and scalable Layer-2s on BSC.”

BNB Chain has been pouring its efforts into layer-2 networks since 2023. On June 20, 2023, he unveiled his layer-2 scale solution opBNB – on the Opism OP Stack – on the testnet. The Layer-2 solution is compatible with the Ethereum Virtual Machine, which means it works with Ethereum-based smart contracts and token standards.

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On September 13, the benchmark platform was deployed on the mainnet, making opBNB publicly available after a testing phase. BNB Chain reports that the platform has deployed more than 35 million transactions and 150 DApps on its testnet run. The project also said that the opBNB platform hit 4,000 transactions per second (TPS) in a stress test.

The BNB Chain 2024 Outlook was released in January. Source: BNB Chain

According to BNB Chain, the new rollout service is part of its efforts to achieve a goal it set earlier this year. On January 31, the company released the “BNB Chain 2024 Outlook”, which introduces the concept of “One BNB” linking BSC and its decentralized storage service, BNB Greenfield.

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