BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB.
The new sidechain framework, BAS (short for BNB Application Sidechains), enables teams aiming to build high-volume dApps that will require lightning-fast transaction speed, ultra-low fees, and BNB’s industry-leading reliability to launch their own blockchains on the BNB Chain ecosystem.
BAS is connected to BSC (BNB Smart Chain) through permissionless bridges like cBridge and Multichain, which permit instant connection to the wider liquidity, Dapps, and user base of the entire BNB Chain ecosystem.
BNB Chain has built a reputation for Dapps that attract a very high user base – effectively reaching more than 3 billion transactions to date. This is coupled with thorough reliability since its inception, since BNB has faced no downtime despite the highest volume of transactions in blockchain, with 4+ Million Weekly Unique Active Users.
But our mission is to bring Web3 to 1 billion users! So we need innovative technical solutions to enable the community to scale. BAS is being launched now to help support this very objective.
BAS gives tech teams unprecedented flexibility when setting the parameters of their blockchain. Large scale dapps like Gaming, Social Media, or metaverse that aim to achieve a high number of active users and volume, their own token economy, as well as reduced or near-zero transaction fees and a flexible set of validators, represent the pioneering use cases for sidechains in the BNB Chain ecosystem.
Three Dapps are poised to be deployed on BAS, including Meta Apes (a game developed on Ankr BAS), and CUBE by Metaverse World – a subsidiary of Netmarble, and On-chain Achievement Token by Project Galaxy (built on NodeReal’s BAS Blockchain Solution).
Taylor Shim, Business Lead at Meta Apes said: “Our team was able to quickly design a blockchain with our own business rules and economic models.
BNB Chain made it very simple for us to enjoy a vast array of functionality with integrated tools (e.g. bridges, staking UI) and native integration to the rest of the BNB Chain ecosystem.”
Sung Hun Kim, CEO of Metaverse World said: “To bridge the gap between Web2 and Web3, there will be a greater emphasis on interoperability and scalability for blockchain, and builders will need infrastructure support. BNB Chain has delivered a very flexible framework for use cases such as GameFi, DeFi, and NFTs, showing tremendous promise for bringing the masses to the CUBE platform.
As we approach the global audience with powerful IPs and virtual multi-platform, BAS brings operational and technical support to easily manage the highly active population within our ecosystem.”
Charles Wayn, Co-founder of Project Galaxy said:“GameFi and other blockchain-based applications show no signs of slowing down and will continue to dominate the space.
However, we will be unable to accomplish this without a secure, scalable, and interoperable infrastructure. BAS was born on the cusp of this revolution to better serve developers and node operators in their efforts to create more high-quality and disruptive blockchain games.”
BAS implementation is two-fold: PoS sidechains and zkRollups. The initial BAS Mainnet implementations are based on Proof-of-Stake Authority (PoSA) networks by Ankr and NodeReal; Zero-Knowledge rollups (zkBAS) will be released in phases during the remainder of 2022.
zkBAS will complete this architecture for BNB, giving developers even more options in terms of transaction speed, the use of BNB as a gas token, and increased setup speed.
About BNB Chain
BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem.
Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem. For more information on BNB Chain visit https://www.bnbchain.world