In the latest episode of Cointelegraph’s “Hashing It Out” podcast, Arno Bauer, the senior solution architect of BNB Chain, discusses the ecosystem and future prospects of the blockchain platform.

Bauer clarifies that BNB Chain was not created to compete with Ethereum, but rather to offer value to a specific group of users. He stated, “I wouldn’t call ourselves an Ethereum killer because I don’t think anyone wants to kill Ethereum.”

Recently, BNB Chain introduced a layer-2 testnet called opBNB, which utilizes the Optimism OP Stack and aims to enhance the scalability of the platform. Concerns were raised about the potential fragmentation of the BNB Chain ecosystem due to the introduction of multiple options. Bauer suggests that wallet providers and infrastructure builders can simplify the user experience by seamlessly integrating these options without requiring users to be concerned about the technical aspects.

Bauer acknowledges the existence of various layer-1 and layer-2 blockchain options and believes that multiple networks can contribute to the scalability and adoption of Web3 technologies.

Summary

In a recent “Hashing It Out” podcast episode, Arno Bauer, the senior solution architect of BNB Chain, discusses the purpose and future direction of the blockchain platform. Bauer clarifies that BNB Chain is not intended to compete with Ethereum, but rather aims to offer value to specific users. He also addresses concerns about potential fragmentation in the ecosystem and highlights the importance of seamless integration provided by wallet providers and infrastructure builders. Bauer believes that multiple blockchain options can contribute to the scalability and adoption of Web3 technologies.

FAQ

What is BNB Chain?

BNB Chain is a blockchain platform that provides value to a unique set of users, without intending to compete with Ethereum.

What is opBNB?

opBNB is a layer-2 testnet recently launched by BNB Chain. It is based on the Optimism OP Stack and aims to enhance the scalability of the platform.

Will BNB Chain fragment its ecosystem with multiple options?

BNB Chain recognizes the potential confusion for users when faced with multiple options. To simplify the user experience, BNB Chain aims to collaborate with wallet providers and infrastructure builders to seamlessly integrate these options.

What is the future outlook for BNB Chain?

BNB Chain believes that the existence of various layer-1 and layer-2 blockchain options is beneficial for the future. They believe that multiple networks can contribute to the scalability and adoption of Web3 technologies.