BNB’s active addresses have plateaued over the last few weeks, but things can turn around with the launch of opBNB.
Stack. Notably, the testnet looks to enhance BSC’s scalability while preserving affordability and security.
As per the official announcement, opBNB went live on 19 June. It brought with it several benefits and advantages, most importantly scalability. opBNB can support over 4000 transfer transactions per second. This has been made possible because of the optimization of the data accessibility, caching layers, and the adjustment in the submission process algorithm, which allows simultaneous operations.
Another key advantage is enhanced security. BNB’s official announcement mentioned that the transparency and verifiability of transactions on opBNB will encourage a healthier and safer application environment.daily active addresses plateaued over the past few weeks. Its daily transactions have also declined since mid- May 2023. However, considering the popularity of L2s, the scenario might change soon.
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