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

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

Bnb Chain Weekly Recap Week 45 (3/11 - 9/11) - 2

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.

BNB Chain Builder Grant Crowns First Winners

Bnb Chain Weekly Recap Week 45 (3/11 - 9/11) - 4 — *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

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

Bnb Chain Weekly Recap Week 45 (3/11 - 9/11) - 5 — *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.

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

Bnb Chain Weekly Recap Week 45 (3/11 - 9/11) - 6 — *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