BNB Chain Plans New Layer 1 Blockchain With No New Token

TLDR BNB Chain plans a new Layer 1 blockchain that will run alongside BNB Smart Chain without a new token. BNB will be used for gas fees, staking and governance on the new network through a native bridge. The network targets 200-millisecond blocks and pre-confirmations in about 20 milliseconds. A public testnet is planned for [...]

The post BNB Chain Plans New Layer 1 Blockchain With No New Token appeared first on Blockonomi.