Ignas | DeFi Research

Ignas | DeFi Research

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Ignas | DeFi Research
Ignas | DeFi Research
The Endgame for BNB Chain: AMA with the Core Development Team
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The Endgame for BNB Chain: AMA with the Core Development Team

What's the point of BNB Chain in the era of L2s?

Ignas | DeFi Research's avatar
Ignas | DeFi Research
Nov 09, 2023
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Ignas | DeFi Research
Ignas | DeFi Research
The Endgame for BNB Chain: AMA with the Core Development Team
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This is probably my last AMA on the role of L1s in the era of L2s.

And I’m happy it’s BNB Chain. Although their team was more difficult to contact compared to other L1 teams, I appreciate that the core development members of BNB Chain took the time to answer my questions.

Even if you're not particularly interested in BNB Chain, it matters. BNB Chain consistently ranks among the top three chains in terms of TVL, active users, and number of dApps.

BSC Ranks 3rd by TVL, and second by Active users.

Yet, BNB Chain might not be the most loved blockchain on Crypto Twitter, and I’ve even got hate in the comments for covering developments in the BNB Chain ecosystem.

Nevertheless, numbers don’t lie. Users like to use BNB Chain. Now, BNB Chain has just launched an L2 on BNB Chain - opBNB to increase performance and reduce gas fees.

So, what’s the point of BNB Chain and the opBNB in the era of so many L2s?

By the way, previously I had insightful discussions with Sanket from Polygon, Luigi from Avalanc…

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