BNB Chain Updates Layer2 opBNB Roadmap: 10,000 TPS & Reduced Gas Fees

IconCrypto News Terminal22 Apr, 2024

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BNB Chain Updates Layer2 opBNB Roadmap: 10,000 TPS & Reduced Gas Fees

BNB Chain (BNB) has released an update on the progress of its in-house Layer2 protocol, opBNB, via its official X (formerly Twitter) account. The announcement revealed that opBNB will implement support for 'blob-carrying transactions' through the BEP-336 governance proposal. This move aims to cut down on Layer1 data upload costs significantly. The overall objective is to achieve a remarkable 10,000 TPS (transactions per second) while simultaneously reducing gas fees by a factor of 10. This would greatly enhance the scalability and cost-effectiveness of the BNB Chain ecosystem. Previously on [previous news update date], BNB Chain had provided an update on the progress of opBNB, outlining its plans to introduce 'blob-carrying transactions' and reduce gas fees by 10-fold.

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