Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress Releases Sponsored Cryptonews Deals Industry Talk ICO newsFinance NewsTechnology News
No Result
View All Result
Monday, January 30, 2023
  • Login
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
Subscribe
Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress Releases Sponsored Cryptonews Deals Industry Talk ICO newsFinance NewsTechnology News
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
No Result
View All Result
Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress Releases Sponsored Cryptonews Deals Industry Talk ICO newsFinance NewsTechnology News
No Result
View All Result
ADVERTISEMENT
Home News Story

BNB Chain becomes the largest layer 1 blockchain in the world!

by Ashutosh Thakur
December 23, 2022
in News Story
131
0
Bnbchain
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

RelatedPosts

Weekly Crypto #221 – Bitcoin and cryptocurrency news of the week

Sam Bankman-Fried faces extradition to US

Which stocks to buy in 2023? Top 3 promising actions for the new year!

That’s it ! BNB Chain unique wallets now surpass those of Ethereum. Making the Binance platform blockchain the most important layer 1 blockchain. However, the blockchain teams do not wish to rest on their laurels and intend to continue to develop and improve their solution in 2023!

BNB Chain: Blockchain is growing despite the bear market!

The Binance platform recently communicated that the BNB blockchain is now the largest layer 1 blockchain on the unique wallets parameter. Indeed, by passing the 230 million unique addresses, BNB Chain is now ahead Ethereum.

Despite the bear market, the BNB Chain continues to expand and grow. Last May, the blockchain had to process 9.8 million transactions. A record. Blockchain spokespersons also note that BNB Chain is making significant progress for the democratization of web3. The Binance blockchain also broke records in terms of daily active users. In May, this number reached 2.2 million people.

And to be able to support this growth, the Binance teams are constantly innovating. As Alvin Kan, Director of Growth and Operations at BNB Chain, explains:

Our community has made remarkable progress in the development of blockchain technology. We have launched BNB Sidechain, zkBNB, Binance Oracle, security initiatives such as AvengerDAO, among others. This has resulted in faster transactions, lower costs and additional capacity, giving manufacturers the confidence to onboard large numbers of users. The BNB Chain team is committed to providing a secure and user-friendly platform for developers and users, marching towards our mission to onboard the next billion users to Web3.

According to Kan, these improvements have several effects: faster processing of transactions, lower costs and more broadly, improving blockchain scalability. Improvements that the Binance blockchain owes in particular to the deployment of BNB Sidechain and zkBNB Testnet.

The year 2022 also saw the blockchain strengthen its position in the universe of NFT and GameFi. In the world of DeFi, the blockchain also continued to develop with a TVL (Total Value Locked) of 7.6 billion dollars in the third quarter of 2022. Other initiatives such as Most Valuable Builder have also brought dynamism and growth to blockchain. Especially because these initiatives have made it possible to enter into new partnerships with Google Cloud, Opensea, Opera or AWS.

The Binance blockchain takes on web3!

The development of web3 is a major component for the majority of large blockchains. And Binance is obviously no exception to this rule. The goal? Seduce a billion users of this decentralized web. Because this objective of one billion users of the web3, Binance has made it its workhorse for months.

The BNB Chain team is committed to providing a secure and user-friendly platform for developers and users, marching towards our mission to onboard the next billion users to Web3.

2023: A busy year for Binance Chain!

And to give itself the means of its ambitions, the blockchain will continue to innovate. The roadmap for the year 2023 is already busy since BNB Chain should launch its main network zkBNB. To support and encourage innovation, the blockchain could also launch several hackathons and meetings between developers. As a representative of the platform points out:

We are determined to make 2023 even bigger and better as we aim to make mass adoption a reality.

Despite the bear market, the Binance teams therefore continue to work hard on their blockchain. If you want more information on the roadmap for the year 2023, it’s this way !

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Hebdocrypto2022 V1 3
News Story

Weekly Crypto #221 – Bitcoin and cryptocurrency news of the week

December 17, 2022
1.9k
Sam Bankman Fried Risque Une Extradition Vers Les Usa 01
News Story

Sam Bankman-Fried faces extradition to US

December 17, 2022
1.9k
Action Acheter 2023
News Story

Which stocks to buy in 2023? Top 3 promising actions for the new year!

December 17, 2022
1.9k
Gamestop Wallet Eth Ethereum 1
News Story

Cryptos: Gamestop turns away from blockchain games after big losses

December 11, 2022
1.9k
Ledger Presente Son Nouveau Wallet Crypto Nomme Ledger Stax 01
News Story

Ledger presents its new crypto wallet called Ledger Stax

December 11, 2022
1.9k
Cz Sam
News Story

CZ and SBF argue on Twitter over FTX fall

December 10, 2022
1.9k
Load More
  • Trending
  • Comments
  • Latest
-The Blockchain Cafe

Write for us – guest post

April 14, 2022
Celcryptocrash

Important Update On The Celsius Network

June 14, 2022
Tcs-The Blockchain Cafe

TCS roll-outs Quartz DevKit to help businesses build blockchain applications 40% faster

December 4, 2021
Xiomi -The Blockchain Cafe

You should know about Xiaomi Blockchain

December 5, 2021
The Blockchain Cafe

10 Things A Crypto Beginner Should Know

0
The Blockchain Cafe

Ethereum: 10 Things You Did Not Know

0
The Blockchain Cafe

What Is Ripple: Complete Guide For Beginners

0
Sto-The Blockchain Cafe

What Is Security Token Offering (STO)?

0
Bnbchain

BNB Chain becomes the largest layer 1 blockchain in the world!

December 23, 2022
Banque Crypto 1

The New Crypto Limit Standards 2025: What Will Change?

December 21, 2022
Hedera Nft

Hedera prepares to tap into the next big NFT wave

December 21, 2022
Ftx Recouvrement Don

FTX affair: donations made to politicians to be returned at all costs

December 20, 2022
Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress Releases Sponsored Cryptonews Deals Industry Talk ICO newsFinance NewsTechnology News

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Navigate Site

  • News Story
  • Blockchain
  • Cryptocurrency
  • NFT
  • Metaverse
  • DAO
  • Listicle

Follow Us

No Result
View All Result
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version