What is opBNB?
If you have already made a BNB withdrawal from Binance to your wallet in the last few weeks, you have already come across the option to select the BEP2, BEP20 and now opBNB networks.
But what is opBNB anyway?
This is very simple, Binance currently has three operating platforms in its network, BEP2, which is Binance's own centralized native network. Binance also has its decentralized network, which is BEP20, which aims to be open and free for anyone, you can check how it works on the Binance Smart Chain (BSC) explorer.
This network was created with the aim of integrating developers into the cryptocurrency market, breaking barriers to crypto development. It is one of the most popular and used networks in the world and moves billions of dollars every day. Dozens of tokens have already emerged from the BSC network. They grew a lot and are still operating on the market today.
And now, more recently, Binance has created a new network, opBNB, which aims to be cheaper and more dynamic than BSC itself, being an optimized layer 2 solution with a focus on cost reduction and greater speed.
opBNB was born this year and is already being integrated into dozens of web3 applications. It is an EVM (Ethereum Virtual Machine) compatible network, which means that absolutely all Ethereum solutions are also compatible with it.
As you can see in the image, opBNB, in addition to providing a smaller fraction of coins to be withdrawn, also has a cheaper cost than the traditional network.
Binance currently has three active networks, BEP2, BEP20 and now opBNB, which promises to be the revolution for Binance's decentralized DApps and cryptocurrencies market.
There are also mini tokens but that is a topic for another article.
