in

BNB Chain launches rollup-as-a-service, supporting custom Layer 2 networks

BNB Chain has introduced a rollup-as-a-service solution to foster the growth of custom Layer 2 networks within its ecosystem.

The rollup-as-a-service (RaaS) offering aims to provide decentralized application (dapp) projects with the necessary infrastructure to create cost-efficient dedicated rollups on the BNB Smart Chain (BSC), which includes options for no-code deployment.

Based on data from DeFiLlama, BSC is the third-largest blockchain in terms of total value locked (TVL), securing $6.1 billion compared to Ethereum’s $56.7 billion and Tron’s $10.5 billion.

“By combining the power of RaaS and the interconnectivity capabilities of our ecosystem, developers will have a comprehensive toolkit to build efficient and scalable Layer 2s on BSC,” said the BNB Chain core development team.

The BNB Chain ecosystem encompasses five networks: BSC, a Layer 1 blockchain compatible with the Ethereum Virtual Machine; Layer 2 solutions opBNB and zkBNB; BNB Greenfield, a data storage network; and the BNB Beacon Chain, which is expected to be phased out as its functionality transitions to BSC.

Layer 2 networks built on the BSC are interconnected through opBNB Connect, designed to ensure interoperability within the ecosystem. This forms part of the One BNB initiative, which addresses the need for an integrated technological stack.

Follow Us on Google News

This article first appeared at crypto.news

What do you think?

Written by Outside Source

Avalanche and Litecoin seek higher price; NuggetRush gains investor attention

Solana price surges over 13% – Will this altcoin pump next?