Thoughts on opBNB? (Layer 2 on BNB Chain)

[alogan]

This looks like a ghost blochchain, until Binance starts to invest into those, the chain is ready to handle big volumes and be fast and cheap, something wich BSC has born to handle ETHEREUM high fees in the past, and many more chains had borned to avoid the huge fees, despite that Ethereum chain still the Liquidity King, and no signs to change such status. There are some projects opening doors into OPBNB but not really using it, unless there are some incentives to make this chain boom it will remain very low demand for it.

[Manna]

I found out recently that BNB Chain also launched their own Layer 2 which is what they call as opBNB. Basically, it's a scaling solution to the BNB Smart Chain and it also aims to provide users with lower transaction fees and faster confirmation. From my experience, it is indeed cheaper but confirmation is almost the same with BSC (L1). I think this is a good addition to the BNB ecosystem and will probably benefit projects with gaming niche the most.

opBNB is an important addition that makes the BNB chain more scalable and more attractive to users, especially for gaming and other high-transaction demand projects.
 While confirmation times may be comparable to BSC (L1), opBNB's lower transaction fees and improved scaling capabilities provide a significant advantage to users.  This opens up new possibilities for projects that require higher scaling, especially those that are cost-sensitive and need to handle high transaction volumes with low fees.  Gaming, in particular, is an area that requires low fees and fast confirmations, and opBNB is designed to meet exactly those needs.  It will be interesting to see how other projects and DApps adopt opBNB and how it contributes to the overall acceptance and functionality of the BNB chain.

[MrSpasybo]

I think it is a great opportunity for us to know this early on and if there are notable projects maybe people can share their approach to it and maybe it could give an AirDrop or something. That is what I am thinking about when there is a new chain being developed.

Yeah, just as you said, BNB Chain fans can actively follow the development within the opBNB ecosystem to find the most potential projects and hidden gems for investment. However, we haven't heard about much excitement within this ecosystem yet. Some projects such as Particle Network, Revox, and Hooked have moved to opBNB but haven't made a significant impact on the market.

For now, investor attention is focused on Ethereum Layer-2 ecosystems as Arbitrum, Optimism, and Base. If the Layer-2 trend continues to explode in the near future, opBNB will have the opportunity to serve many more users and affirm the value of its 4K TPS speed.

• Top dApps on opBNB

[erus]

opBNB and BNB when viewed in terms of speed and low costs are almost the same and there are no differences that are far in transaction costs or costs for others. Is this a marketing trick for BNB? It seems that it is specifically for marketing because the more marketed the BNB is the wider the business expansion is, for example this opBNB which in my opinion BNB coins are in the Optimism network chain.

[Zed0X]

This looks like a ghost blochchain, until Binance starts to invest into those, the chain is ready to handle big volumes and be fast and cheap, ~ ~ There are some projects opening doors into OPBNB but not really using it, unless there are some incentives to make this chain boom it will remain very low demand for it.

We may not be aware yet but I think BNB collaborates with new projects that wished to launch there or older one that wants to migrate. If incentives you mean like funding, I don't know. I think no project would survive long-term if they keep doing that method.

[KryptoBull]

We may not be aware yet but I think BNB collaborates with new projects that wished to launch there or older one that wants to migrate. If incentives you mean like funding, I don't know. I think no project would survive long-term if they keep doing that method.

I can confidently say that opBNB is part of Binance and Bnb chain's plans, similar to how supporting L2s like Arb, Op, and Base was part of the Ether Foundation's Dencun upgrade. Binance has also supported deposit tokens on opBNB, which means opBNB's future is secured by Binance and Bnb chain.

Currently, we haven't seen congestion issues on Bnb chain, so regular users tend to stick with Bnb chain instead of opBNB. However, this could change during an uptrend as high latency and fees might encourage users to explore opBNB. I believe Binance also has plans to promote the development of projects within opBNB to compete with Ether L2s.

[B.Trader]

Overall, opBNB's launch could strengthen the BNB ecosystem by attracting more developers and users, particularly those focused on gaming and other high-transaction niches. Its integration into the broader BNB Chain infrastructure may also help BNB maintain its competitive edge in the evolving blockchain landscape.

[joniboini]

Currently, we haven't seen congestion issues on Bnb chain, so regular users tend to stick with Bnb chain instead of opBNB. However, this could change during an uptrend as high latency and fees might encourage users to explore opBNB. I believe Binance also has plans to promote the development of projects within opBNB to compete with Ether L2s.

Personally I don't see the point of launching a layer 2 for a chain that is quite cheap this early. The cost to develop a layer-2 or something similar can be used to develop a layer-1 scaling solution IMO. Not to mention the nature of BNB chain is quite different from ETH or other layer-1 which get quite expensive for smart contract calls etc. If anything, them not needing layer-2 can be marketed as a positive thing. Last time I used BNB it's still very cheap for bridging assets, making smart contract calls, etc. I dunno, maybe I've yet to experience the congestion problem that they have. CMIIW.

[kai]

-BNB has fairly fast confirmation
-BNB has fairly cheap transaction fees
-BNB has smart contracts for the token ecosystem

Now let's compare it with Layer 2 of opBNB which uses the Optimism blockchain :

-opBNB also has fairly fast confirmation
-opBNB also has fairly cheap transaction fees
-opBNB also has smart contracts for the token ecosystem

There is no significant difference between these two blockchains, but I think that opBNB is designed to expand the business expansion of BNB so that it is present on various blockchains, including opBNB on the Optimism chain.

[yohananaomi]

We may not be aware yet but I think BNB collaborates with new projects that wished to launch there or older one that wants to migrate. If incentives you mean like funding, I don't know. I think no project would survive long-term if they keep doing that method.

I can confidently say that opBNB is part of Binance and Bnb chain's plans, similar to how supporting L2s like Arb, Op, and Base was part of the Ether Foundation's Dencun upgrade. Binance has also supported deposit tokens on opBNB, which means opBNB's future is secured by Binance and Bnb chain.

Currently, we haven't seen congestion issues on Bnb chain, so regular users tend to stick with Bnb chain instead of opBNB. However, this could change during an uptrend as high latency and fees might encourage users to explore opBNB. I believe Binance also has plans to promote the development of projects within opBNB to compete with Ether L2s.

I think the same as you, and it is usually done to see the situation and market acceptance. All it is very useful or very disliked. All will certainly be analyzed again by the team and there will always be changes, and we cannot know for sure.
As long as no one feels that being chained BNB is not a problem, many will not try to make changes that feel safe and well-accepted, besides the fact that costs will increase.