BNB Chain Weekly Recap Week 45 (3/11 – 9/11)

Source : cryptodaily.io

BNB Chain is moving forward daily, and we hope you guys do not miss any news in the last 7 days. Here is your BNB Chain Weekly recap.

KEY TAKEAWAYS

  • Daily Transaction and Address Growth continue to gain momentum despite strong market volatility
  • New Milestone: The Implementation of Parallel EVM 2.0
  • BNB Chain Builder Grant Crowns First Winners
  • zkBNB Part 2 – Under the Hood
  • DappBay: Red Alarm dApp Risk-List (Oct. 28th – Oct. 4th)
  • Technology Update of BNB Chain in Oct 2022

ECOSYSTEM UPDATES

Despite the market volatility, transactions and users on the BNB Chain ecosystem still show positive signs. Especially 3 arrays including DeFi, GameFi and Web3.

These are anticipated to be the locations in the future that draw numerous users and investments.

BNB Chain On-Chain Data Highlights

Content of the Week – Remarkable BNB CHAIN Projects in October

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BNB Chain has updated many notable events last month. We can spot some new Dapps in DeFi, Metaverse, GameFi & Web3. Besides, NFT Marketplace in October had impressive indicators such as trading volume and daily users.

New Milestone: The Implementation of Parallel EVM 2.0

Bnb Chain Weekly Recap Week 45 (3/11 - 9/11) - 3
Source Nodereal

For many years, parallel computing has been a topic of active research and application. In the current blockchain sector, Parallel Execution on EVM is emerging as a new paradigm.

On October 17th, 2022, NodeReal released a feature that is based on the most recent BNB Chain release, v1.1.16: Parallel EVM 2.0. You can refer to the node-real repository’s comprehensive release note.

Read more details here

BNB Chain Builder Grant Crowns First Winners

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Source BNBChain Blog

BNB Chain Builder Grant, launched in early October, is actively working toward helping Web3 projects reach the next level.

October Grant Winners

Puffverse

Hummingbot

Dmail

XDAO

November Applications Open

Why wait around? BNB Chain is actively looking for innovators and teams intent on growth. Fill out the simple and easy application form today and help your project reach the next level.

To learn more about the topic, please visit here.

zkBNB Part 2 – Under the Hood

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Source BNB Chain

The use of Zero Knowledge (ZK) Proofs is one of the newest and most popular approaches that have been suggested to accomplish this. The third largest smart contract network in the world, BNB Chain, has jumped on board to offer ground-breaking solutions based on ZK-Proofs.

Zero-Knowledge Rollups (ZkRollups) are Layer-2 (L2) blockchain scalability solutions based on ZK-Proofs. They essentially scale the main blockchain network, i.e., Layer-1(L1), by performing computations, bundling transactions and moving the transaction data off the main chain.

Read more about zkBNB Part 2

DappBay: Red Alarm dApp Risk-List (Oct. 28th – Oct. 4th)

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Source BNBChain Blog

The Red Alarm list highlights risky dApps on BNB Chain. The dApps on the Red Alarm list are assigned a significant or high-risk level and range from rug pulls to scams.

The list of Red Alarm dApps and risk details for Friday 4th November 2022 feature 23 dApps and fake tokens

Bnb Chain Weekly Recap Week 45 (3/11 - 9/11) - 7

Read more about the event

Additional Notable Events

•  P12 reached officially 1 million soulbound users

BabyDogeCoin Surpassed $30M Total Value Locked in less than 1 month

Binance Partnership with Ledger

BSC Daily x BNB Chain Glory Pass Giveaway

Radio Caca Partnership with Magpie

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