2023-02-08
As of February 7, 2023 Binance Smart
Chain has 908,207 daily active users and transaction per day of $3.278 million.
Binance development team sees the benefits of layer 2 solution like rollups.
Rollups can increase the number of transactions by offloading transaction off from
Mainnet. Transactions from rollups will ultimately be reconciled and secured on
base blockchain. BSC will use zkRollups for layer-2 solution.
zkBNB using
Zero Knowledge Rollup technology (ZK) and implements layer-2 solution using
Zero Knowledge Rollup architecture to solve scalability problem. Binance will
propose BEP100 standard to add sidechain capability to the network. zkBNB can
process 10,000 transactions per second. BNB wants to increase competitiveness,
as Polygon, Optimism, and Arbitrum are enhancing the Ethereum network. Binance
aims to launch zkBNB Rollups within this year.