What does the future hold for BNB Chain?

189
SHARES
1.5k
VIEWS



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

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

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

Lately, BNB Chain launched a new layer-2 testnet called opBNB, which relies on the Optimism OP Stack and is predicted 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 easiest way to simplify the consumer expertise can 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 obtainable to select from. He defined that having a number of choices isn’t a problem for the long run, and there’s a want for numerous networks to ship on guarantees of guaranteeing extra scalability to extend Web3 adoption.