Friday, October 25, 2024

What does the future hold for BNB Chain?

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Episode 25 of Cointelegraph’s Hashing It Out podcast explores the BNB Chain ecosystem with Arno Bauer, the blockchain’s senior resolution architect.

Bauer explains the rationale behind creating the BNB Chain and the way the undertaking intends to contribute to the Web3 ecosystem. Bauer addresses the competitors in the house and explains that BNB Chain was not designed to “kill Ethereum” however to offer worth for a singular set of customers.

“I wouldn’t name ourselves an Ethereum killer as a result of I don’t suppose anybody needs to kill Ethereum.“

Not too long ago, BNB Chain launched a new layer-2 testnet called opBNB, which is predicated on the Optimism OP Stack and is anticipated to make BNB Chain extra scalable. When requested if this might result in a fragmentation of the BNB Chain ecosystem, Bauer explains that customers could also be confused with making a alternative, and the greatest technique to simplify the consumer expertise shall be to get pockets suppliers and infrastructure builders to create a seamless integration that doesn’t require customers to concern themselves with the technicalities.

Associated: How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila

Bauer additionally addressed the potential for customers to be overwhelmed by the a number of blockchain layer-1 and layer-2 choices out there to select from. He defined that having a number of choices will not be a difficulty for the future, and there’s a want for varied networks to ship on guarantees of making certain extra scalability to extend Web3 adoption.