BNB Chain's 2024 Vision: Phasing Out BNB Beacon Chain and Building 'One BNB' Interconnected Model

WikiBit 2024-02-01 18:22

BNB Chain has released its outlook for 2024, stating that the core focus for the year is to build the “One BNB” interconnection paradigm. This strategy will integrate BSC, opBNB, and Greenfield into a cohesive ecosystem, ensuring seamless interaction between decentralized computing and storage solutions. The One BNB solution is crucial for the scalability of large-scale DApps as it addresses computing and storage needs, making BNB Chain a competitive choice for Web3 developers.

In addition, the BNB Beacon Chain will be gradually phased out, and new governance, staking, and MEV PBS functionalities will be integrated into BSC. This strategic shift, referred to as “BNB Chain Fusion,” aims to simplify the network, improve efficiency, reduce security risks, and align the architecture of the BNB Chain with current and future technological requirements.

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