BNB Chain is now the world’s largest layer 1 blockchain with 230 million unique wallet addresses. Despite the impending crypto winter, BNB Chain lays out ambitious goals for 2023, as the number of unique wallet addresses surpassed that of Ethereum.
The network also have witnessed “record-breaking highs” in transactional volume — reaching 9.8 million transactions in May.
Director of Growth & Operations at BNB Chain, Alvin Kan disclosed – “Our community has made remarkable strides in the development of blockchain technology. We launched BNB Sidechain, zkBNB, Binance Oracle, security initiatives such as AvengerDAO, among others.” Kan pointed out that these changes had “resulted in faster transactions, lower costs, and extra capacity.”
Based on the corporate statement, the implementation of BNB Sidechain and zkBNB Testnet was seen as a “game-changer for developers.” It further emphasized that “The team at BNB Chain is committed to provided a secure and user-friendly platform for developers and users alike, marching towards our mission to onboard the next billion users to Web3.”
BNB Chain introduced multiple development support programs that will accelerate and facilitate the development and growth of Web3 decentralized applications (Dapps) through their Builder Grant and $10 Million Gas Fee Incentive.
BNB Chain plans to launch the zkBNB mainnet, host hackathons and developer’s meet-ups while working on an improved Web3 blockchain storage system to lower operational costs.
Consistent to this direction, the company declares “We are dedicated to ensuring that 2023 is even bigger and better as we aim to make mass adoption a reality.”