BNB Chain has launched the opBNB testnet, a Layer 2 network based on the OP Stack.

BNB Chain launched the opBNB testnet, a Layer 2 network based on the OP Stack.

BNB Chain has announced that the opBNB testnet, a Layer 2 network built on OP Stack, was launched on June 19th, 2023. opBNB moves computation and state storage off-chain, alleviating congestion and reducing transaction costs. Binance stated that opBNB can process over 4,000 transfer transactions per second and maintains an average transaction cost of below $0.005.

Reference: https://www.bnbchain.org/en/blog/introducing-opbnb-unleashing-a-new-era-of-scalability/

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