Build N’ Build was indeed the mantra as BNB Chain made significant strides toward adoption in Q4.
Growth initiatives like MVBV, Builder Grant, EU Innovation and the Growth Incentive underlined ecosystem-wide support, giving rise to a 30% growth in daily active addresses🚀
[2/9]
The report notes that #BNBChain enjoyed a successful end to 2022 with network upgrades and ecosystem expansion!
With several upgrades to core functionality, integrations with strategic partners, and further expansions into DeFi, NFTs, GameFi, and beyond.
[3/9]
The rise of daily active addresses saw an average of ~3.4 million daily transactions.
Increased stake amounts and a growing validator set signalled that the network is moving towards greater decentralization and went on to improve the Nakamoto Coefficient.
[4/9]
While the DeFi sector on BNB Chain saw a drop in TVL in USD terms during Q4, the NFT sector continued to grow with partnerships like @opensea.
The excitement was palpable, as collectors and collections alike sensed an important opportunity for growth.
Despite challenges, BNB Chain executed its roadmap- will focus on growth & technical development in 2023
Plans for network expansion already in place with Greenfield, L2 solutions, more decentralization by open-sourcing validator set & implementing parallel EVM execution
[8/9]
With a new validator reward model being drafted for 2023 and a further focus on growth strategies, BNB Chain is poised to keep moving ahead throughout the new year.
It was a dramatic year with many challenges, but #BNBChain persevered and came out stronger 🚀
[9/9]
• • •
Missing some Tweet in this thread? You can try to
force a refresh
TLDR; opBNB is dramatically cost-effective! We anticipate a cost of 0.005$ for token transfers on opBNB’s mainnet! ⚡️
Security First! 🔒
We're audited, verified, and trusted. opBNB doesn't compromise on security. We offer extensive support for projects, top infra providers, and tooling partners.
opBNB empowers developers with enhanced tools for building!
opBNB leverages the power of the BNB Smart Chain infrastructure, providing developers with a robust toolset to achieve high throughput, low fees, and seamless scalability.
This Layer 2 solution unlocks limitless possibilities for decentralized applications.
One key aspect that makes opBNB technically different is the optimisation of data accessibility, the caching layer and adjusting the submission process algorithm to allow simultaneous operations.
All this enables opBNB to reach a gas limit up to 100M.
BNB Chain and CyberConnect have partnered to bring you Connected 2023, a social hackathon with over $50,000 in prizes, seed funding, and mentorship! 💻🔥 #Connected2023
Social media has remained unchanged for the past decade, but Web3 technology is set to revolutionize it.
With a user-centric and developer-friendly approach, the world of social networking is about to change! 💥 #Web3#UserOwnership#Innovation
(2/6)
Connected 2023 is your chance to bring your Web3 social ideas to life and kickstart your journey!
With an impressive lineup of co-sponsors including Notifi, Lit, Livepeer, and XMTP, you'll have access to cutting-edge Web3 features. 💡💻 #Web3Social#SocialHackathon