Glossary - ChicksX

opBNB is Binance's Layer 2 solution on BNB Chain, enhancing scalability and reducing transaction costs for blockchain applications.

opBNB is Binance's Layer 2 scaling solution built on the BNB Chain. It addresses scalability issues by enabling faster and cheaper transactions. This is achieved through off-chain processing, reducing the load on the main blockchain. As a Layer 2 solution, opBNB enhances the efficiency of decentralized applications and smart contracts. It allows for higher throughput, making it suitable for applications requiring high transaction volumes. By integrating opBNB, developers and users can experience improved performance and lower fees. This makes blockchain technology more accessible and practical for everyday use, promoting broader adoption of the BNB ecosystem.