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BNB Chain Sets 100,000-Plus TPS Goal for Planned NewL1 Network

BNB Chain Sets 100,000-Plus TPS Goal for Planned NewL1 Network

Photo: TokenPost

BNB Chain is planning an Ethereum Virtual Machine (EVM)-compatible network called NewL1 with a design goal above 100,000 transactions per second for trading, payments, privacy and artificial intelligence. The proposed Layer 1 also targets transaction preconfirmation in less than 50 milliseconds and block finality in under one second. Those figures are design goals for a network that has yet to launch, rather than measured NewL1 performance. A welcome post dated July 14 invited discussion in a NewL1 category within the existing Build N Build Forum.

Source: TokenPost

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