BNB Chain Wants to Expand L2 Ecosystem; Introduces RaaS to streamline Chainwire’s deployment of new L2 blockchains

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BNB Chain Wants to Expand L2 Ecosystem; Introduces RaaS to streamline the setup of new L2 blockchains

DUBAI, UAE, March 14, 2024, Chainwire

Rollup-as-a-Service (RaaS) will allow large dapps, enterprises and BNB Chain to set up custom L2s on the BNB Smart Chain

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

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

Projects from industries such as gaming, DeFi, AI, DePin, DeSoc and more can leverage BNB Chain’s RaaS offering by working with specialized service providers such as AltLayer, NodeReal and Movement Labs. RaaS on the BNB chain also offers versatility with rollup management and no-code deployment options.

The L2s established on the BNB chain via RaaS will be built on top of BSC, which will continue to act as the foundational Layer 1 (L1) blockchain and governance chain of the BNB chain. As a DeFi hub, BSC combines a thriving L1 ecosystem with affordability, stability, and the scalability demonstrated during its all-time high of 32 million daily transactions in late 2023.

The BNB Chain Core Development Team explained: “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 have a comprehensive toolkit for building efficient and scalable Layer 2s 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. An integrated network is created through opBNB Connect, which facilitates the connection of all L2s built on BSC. This interconnected ecosystem enables shared benefits and innovation across different L2 blockchain projects.

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

About the BNB chain

BNB Chain is a community-driven blockchain ecosystem that aims to remove barriers to Web3 adoption. It is powered by BNB and includes the world’s largest L1 blockchain, the EVM-compatible BNB Smart Chain, and promotes a multi-chain ecosystem with BNB Greenfield and opBNB. Offering ultra-low gas fees and superior TPS, the BNB Chain ecosystem is home to thousands of dApps across DeFi, Metaverse, Gaming, SocialFi, NFTs, and Infrastructure, each adding value to its ecosystem.

BNB Chain promotes impactful Web3 innovation with its BNB Chain Builder Support Program. This includes the MVB accelerator program, which is run in collaboration with Binance Labs and CMC Labs.

For more information, follow BNB Chain on Twitter.

ContactBNB chain[email protected]

This article was originally published on Chainwire

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