Posted 9/13/2023, 1:19:15 PM

Binance Launches Optimism-Powered opBNB on Mainnet to Provide Faster, Cheaper Transactions for BNB Chain

Binance's Optimism-powered layer-2 scaling solution, opBNB, has launched on mainnet after extensive testing.
opBNB aims to provide lower gas fees and faster transactions for BNB Chain's DApps.
The testnet handled 35M+ transactions and saw 150+ DApps deployed.
opBNB is EVM-compatible and leverages optimistic rollups for scaling.
This launch comes as Optimism sees growth on Ethereum, with major DeFi protocols adopting it.

cointelegraph.com

Relevant topic timeline:

8/23/2023

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge

Big crypto companies like Coinbase, Binance, and a16z are choosing OP Stack, a software building block created by Optimism, for their own layer-2 blockchain solutions despite the popular belief that zero-knowledge (ZK) rollups are the future of scaling Ethereum. The flexibility of OP Stack and the ease of implementation are key factors in this decision, with the expectation that companies will eventually migrate to ZK rollups once they are readily available.