BNBChain has released the BNBGreenfield white paper, which is a decentralized storage system that integrates smart contracts for Web3 applications and ensures data availability through economic incentives and punitive challenge mechanisms. It will become the third blockchain in the BNB ecosystem
BNBChain has released the BNBGreenfield white paper, which is a decentralized storage system that integrates smart contracts for Web3 applications and ensures data availability through economic incentives and punitive challenge mechanisms. It will become the third blockchain in the BNB ecosystem.
The BNBChain core team, in collaboration with AWS NodeReal and Blockdaemon, plans to release the BNBGreenfield testing network within a few months
In September 2020, BNBSmartChain was launched, transforming BNB from a platform coin to an ecological coin. The launch of BNBGreenfield will once again expand BNB's usage scenarios and open up space for imagination. The BNB price increased 30 times in the following six months, from over $20 to nearly $700.
In February 2023, BNB's usage scenarios were further expanded, with previously popular storage projects such as Filecoin wanting to create smart contracts but slow progress. BNBGreenfield was the first public chain to successfully integrate decentralized storage.
The integration of smart contracts and decentralized storage will be a milestone event for WEB3.
The integration of the two is a challenge that troubles the industry, but it is also significant, as it will truly enable users to store and own data while also trading/financializing their own data.
If BNBGreenfield can succeed, this will be the third public chain supported by BNB. 1 token, multiple public chains, and multiple applications. It will also be a significant benefit for BNB, as the market recovers in 2023 and BNB's future is foreseeable.
(None of the above are investment suggestions)
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