BNB Chain outlines plans for a high-performance EVM layer-1, with CZ backing BNB as its sole token

Updated docs describe a provisionally named NewL1 targeting 200 ms blocks and sub-second finality for trading and AI workloads BNB Chain wants to build a second layer-1 blockchain, and it is aiming for speeds normally reserved for centralized exchanges. Updated BNB Chain documentation describes a high-performance, EVM-compatible network provisionally called NewL1. It is designed for latency-sensitive work such as high-frequency trading and AI-driven activity. Founder CZ has weighed in with a reassurance aimed squarely at existing holders. BNB, he affirmed, will remain the only token for gas fees, staking and governance across the BNB Chain networks.

Source: Crypto Briefing