BNB Chain, the ecosystem that is said to have the biggest smart contract blockchain in the world, revealed the BNB Greenfield technological roadmap.
Designed with web2 and web3 developers and users in mind, this roadmap promises improved development experiences, increased performance, and a broader multichain platform.
According to a press statement, key improvements include a five-fold increase in storage provider upload and download speeds, from 2MB to 100MB per second, respectively.
This greatly increases the system’s ability to manage more transactions without hiccups. Rich storage capabilities, which include resource tagging, indexing, streamlined data movement, and object atomic updates, will be added as extra features.
With these improvements, the BNB Chain ecosystem will have a complete solution for effective data management. The roadmap also describes how account abstractions will be implemented, including an out-of-the-box Paymaster system for smooth fee and storage cost payments.
These developments aim to improve user experience for BNB Chain network members and expedite financial procedures. This announcement is part of the fallout from BNB Chain’s Istanbul Hackathon, which produced a number of strong initiatives that represent the results fostered within the community.
It’s important to note that this year, quarterly investment for Web3 businesses has decreased by almost 84%. When presented with this situation, many founders have actively looked for other ways to move their businesses closer to the point where they are ready to launch.
