The BNB chain seeks to expand the L2 ecosystem; Introduces RaaS to Streamline Establishment of New L2 Blockchains by Chainwire


The BNB chain seeks to expand the L2 ecosystem; Introduces RaaS to streamline establishment of new L2 blockchains

DUBAI, United Arab Emirates, March 14, 2024, Chainwire

Rollup-as-a-Service (RaaS) will allow Dapps, enterprises and large-scale BNB Chain to establish custom L2s on BNB Smart Chain

BNB Chain, the community-driven blockchain ecosystem that includes the world's largest smart contract blockchain, today unveiled its Rollup-as-a-Service (RaaS) solution for building Layer 2 (L2) blockchains on BNB Chain . RaaS provides large-scale Dapps, enterprises and the BNB Chain itself with the technological infrastructure necessary to deploy dedicated L2s on BNB Smart Chain (BSC), further expanding the L2 ecosystem.

Rollup-as-a-Service is a significant advancement in the blockchain sphere. Designed specifically for Dapps and blockchain projects, RaaS offers a cost-effective and efficient way to build and deploy rollup networks. This approach not only facilitates further development but also allows for the creation of unique ecosystems tailored to specific user bases.

Projects from verticals such as gaming, DeFi, AI, DePin, DeSoc and more can take advantage of BNB Chain's RaaS offering by collaborating with specialized service providers such as AltLayer, NodeReal and Movement Labs. RaaS on BNB Chain also offers versatility with cumulative management and code-free deployment options.

L2s established via RaaS on BNB Chain will be built on BSC, which persists as the fundamental Layer 1 (L1) blockchain and governance chain of BNB Chain. BSC, a DeFi hub, combines a thriving L1 ecosystem with affordability, stability, and scalability demonstrated during its all-time high of 32 million daily transactions by the end of 2023.

The BNB chain core development team stated: “Our ethos is based on collaboration and mass adoption of Web3. By combining the power of RaaS and the interconnectivity capabilities of our ecosystem, developers will have a complete toolset to build efficient and scalable Layer 2 on BSC. “This makes BNB Chain a true ‘one-stop-shop’ for all users’ Web3 building needs.”

BNB Chain envisions a collaborative future for the blockchain space. Through opBNB Connect, which facilitates the interconnection of all L2s built on BSC, an integrated network emerges. This interconnected ecosystem allows sharing benefits and innovation in various L2 blockchain projects.

In addition to RaaS, the BNB Chain 2024 Outlook approaches revolve around the “One BNB” multi-chain paradigm. This paradigm interconnects BSC, opBNB and BNB Greenfield to address the need for an integrated technology stack that facilitates the transition of applications to fully on-chain Web3 frameworks.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that seeks to remove barriers to Web3 adoption. Powered by BNB, it includes the world's largest L1 blockchain, EVM-compatible BNB Smart Chain, and fosters a multi-chain ecosystem with BNB Greenfield and opBNB. Offering ultra-low gas fees and superior TPS, the BNB Chain ecosystem hosts thousands of dApps across DeFi, metaverse, gaming, SocialFi, NFT, and infrastructure, each adding value to its ecosystem.

BNB Chain fosters impactful Web3 innovation with its BNB Chain Builder support program. This includes the MVB accelerator program, run in partnership with Binance Labs and CMC Labs.

For more information, follow the BNB chain on Twitter.

ContactBNB Chain[email protected]

This article was originally published on Chainwire.

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