Binance’s layer 1 blockchain, BNB Chain, intends to introduce sidechains to increase network scalability.
BNB Chain wants to evolve its blockchain
According to a recent report confirmed by a Binance spokesperson, the BNB Chain Application Sidechain (BAS) will allow developers to transfer blockchain data and assets, reducing the network’s limited transaction resources. These sidechains will also be application-specific, meaning individual sidechains will focus on specific use cases, similar to what we’ve seen with other blockchains.
BAS will be able to operate independently and host dapps compatible with the BNB channel. Instead of relying on the Mainnet protocol, teams will be able to choose their set of validators based on their security needs. Eventually, each development team will be able to install its own BAS on the network. It could be an attempt to focus more on decentralization after its rebranding.
Side chains are do not a New concept
The path taken by blockchain is not a new phenomenon; Application-specific blockchains have been around for a long time. Other Layer 1 blockchains, such as Polkadot, Avalanche, and Cosmos, have ecosystem-specific chains, but they are not side chains. The approach of the BNB chain is more similar to that of the Gnosis chain, which is designed for fast and cheap payments, and Ronin, the Ethereum sidechain dedicated exclusively to Axie Infinity.
Binance has been working with Anomica Brands to expand the GameFi ecosystem on the blockchain and it looks like moving to sidechains is another way to make the ecosystem more attractive to game developers. Binance Labs, the core development team working on BNB Chain, will also soon announce the technical details of the first-ever BAS testnet that will focus on GameFi.