BNB Greenfield, the new blockchain of BNB Chain, was presented with a white paper on the morning of February 2 on GitHub.
BNB Greenfield is a decentralized data storage system, developed by the team of Binance. This blockchain will be tasked with upgrading and improving Binance ‘s existing decentralized network .
BNB Greenfield will be of great help to the expansion of the BNB Chain ecosystem . According to the white paper, this new blockchain has a decentralized storage system with Web3 applications integrating smart contracts , with BNB remaining the main token.
This system gives users and decentralized applications ( dapps ) complete ownership of their data, allowing the system to support website hosting, publishing, data storage, and applications. personal cloud.
“The team of community developers from Amazon Web Services, NodeReal, and Blockdaemon have set their sights on launching the BNB Greenfield testnet within the next few months,” according to the white paper.
Recently, Binance is increasing its influence in the decentralized finance space after the collapse of several crypto exchanges. The exchange’s previous Binance Smart Chain (BSC) was criticized by the community for being too centralized and prone to rug pull.
According to some analysts, the launch of BNB Greenfield at this time confirms Binance’s number one position in terms of transparency and safety.