BNB Ecosystem Roadmap

In 2024, BNB Chain continues its commitment to mass adoption, superior performance on L1s, the highest scalability through zk/optimistic Rollups & modular blockchains, and prioritization of top-notch security.

Key roadmap components:

• "One BNB" multi-chain: The "One BNB" multi-chain paradigm is BNB Chain's response to the growing demand for fully on-chain (FoC) dApps. The Web3 industry is transitioning toward more decentralized and integrated frameworks, yet developers lack a cohesive tech stack to build FoC dApps efficiently.

Choosing this paradigm is advantageous because it offers:

• Interoperability: BNB Smart Chain (BSC), opBNB, and Greenfield are interconnected, providing a unified ecosystem for decentralized applications.

• Flexible Deployment: DApps can leverage Greenfield for storage, BSC (L1) for business logic, or opBNB (L2) for scalable, cost-efficient solutions.

• Comprehensive Solution: This architecture allows dApps to manage decentralized computing and storage seamlessly across chains, enabling easier integration of decentralized web hosting, data storage, and structured data processing.

• BNB Chain Fusion: The BNB Chain Fusion is taking place to simplify the BNB ecosystem by migrating Beacon Chain functionalities to BNB Smart Chain (BSC). This process addresses development complexity caused by the Beacon Chain’s cross-chain bridge and accelerates decentralization.

Key motivations include:

• Governance Expansion: Allowing delegators, not just validators, to vote.

• Liquidity Staking: Unlocking over 22 million BNB for participation in BSC DeFi protocols.

• Validator Growth: Expanding from 21 to 40 validators, with plans to reach 100, enhancing network security and profitability through MEV integrations.

This fusion streamlines operations, reduces redundancies, and promotes growth in BNB Chain’s validator base and governance model.

• Highest performance EVM platforms: BNB Chain is redefining the standards for EVM platforms by focusing on unparalleled scalability, efficiency, and decentralization, making it a leader in blockchain performance.

  • Key initiatives:

    • L2 performance: BNB Chain set transaction volume records in 2023, with BSC handling 32 million transactions per day and opBNB processing 71 million, making it a top EVM performer.

    • Increased Gas Limit: BSC's gas limit increased to 140M, optimizing capacity and efficiency.

    • Parallel EVM: By implementing Parallel EVM (version 1.0 to 3.0), BNB Chain enhances block processing speeds by up to 50%, making it a leading platform for dapps and DeFi.

• Scalability: Before the readiness of zkEVM, BNB Chain is achieving scalability through the opBNB mainnet, which focuses on increasing transaction throughput and flexibility. With targets like 10K TPS and expanding the gas limit to 200M/second, opBNB aims to become the highest-capacity Layer 2 (L2) chain.

  It introduces multiple proof mechanisms in a phased approach, starting with fraud proofing, continuing with the Stage 1 in 2024, and then transitioning to a fully autonomous Stage 2. Additionally, opBNB supports decentralized sequencers, permissionless bridges, and aims to reduce transaction costs by leveraging BNB Greenfield for data availability. This strategy not only enhances opBNB’s performance but also builds the foundation for seamless interoperability across L2s, benefiting large-scale decentralized apps and protocols in the BNB Chain ecosystem.

• Greenfield: Greenfield is rapidly growing as part of the BNB Chain multi-chain paradigm, offering a robust infrastructure for decentralized data management. It enables users to create, own, and trade data assets with high performance and built-in access control, integrating seamlessly with BSC and opBNB smart contracts. Greenfield distinguishes itself by focusing on valuable, actively used data, providing a comprehensive foundation for the Web3 data economy, and attracting various decentralized applications to build on the platform.

  • Key Greenfield initiatives for 2024:

    • Performance boost: Targeting a 5x increase in upload/download speeds for storage providers.

    • Enhanced developer experience: Introducing new features such as paymaster and bundle services.

    • Efficient data retrieval: Developing a multi-part storage solution for faster access to large files.

    • Off-chain computing: Greenfield Executable will enable cost-efficient processing of large datasets off-chain.

    • Cross-chain platform: Expanding cross-chain communication with opBNB Connect and EVM-compatible chains.

    • Specialized data infrastructure: Supporting Web3 gaming, DePIN, and DeSoc development.

• AvengerDAO security: AvengerDAO is a community-driven security initiative protecting users from malicious actors and financial losses on BNB Chain. Collaborating with global security providers, AvengerDAO proactively detects risks, issues alerts, and promotes security best practices across the ecosystem. In 2023, it significantly reduced losses from hacks by 85%, with tools like RedAlarm issuing thousands of alerts. For 2024, AvengerDAO focuses on monitoring high-liquidity projects, conducting frequent blockchain scans, and refining Web3 security frameworks, which include best practices for the business continuity, crypto wallets, DeFi, project management, and smart contract security.