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BNB Chain Outlines New Layer-1 Network, Keeps BNB as Sole Token

BNB Chain Outlines New Layer-1 Network, Keeps BNB as Sole Token

Photo: TheCoinrise

The planned EVM-compatible chain would run alongside BSC without issuing a separate token, according to reports citing CZ. BNB Chain is preparing to launch a new layer-1 blockchain designed to run alongside its existing BNB Smart Chain, according to reports published this week. The new network is described as EVM-compatible and built for higher performance than current infrastructure. Unlike many layer-1 launches in recent years, the project reportedly will not come with its own native token. Instead, BNB is expected to remain the sole asset across both chains.

Source: TheCoinrise

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