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

  • The Growing Week of  BNB Chain On-Chain Data
  • The Importance of Utility and the Role of Native Tokens
  • Benefits of Building on BNB Chain for Developers
  • CEXs Commitment to Transparency
  • 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. It seems that many projects have continued to build on BNB Chain. Developers & users have been starting to migrate to BNB Chain.

BNB Chain On-Chain Data Highlights

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 1

Content of the Week – Top Blockchain Platforms with the Highest Total Unique Addresses

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 2

The Main Goal of the BNB Chain

ICYMI, the abbreviation BNB stands for Build & Build which means build the community and also let the community build.  Users, developers, and business owners associated with the BNB community could benefit from the improved features. 

BNB Chain development experts will integrate even massive apps like Metaverse, GameFi, SocialFi, and others with BNB Chain.

The Importance of Utility and the Role of Native Tokens

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 3
Source BSC Daily

Users need to be able to confidently depend on the native token their chosen blockchain relies on

A healthy native token is the lifeblood of a successful decentralised, peer-to-peer digital currency network

Read more details here

Benefits of Building on BNB Chain for Developers

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 4
Source BNBChain Blog

BNB Chain is composed of BNB Smart Chain (BSC) – Layer 1 for Dapps & Projects

BNB Beacon Chain (BC) – Governance & Validators and BNB Sidechain – Scale Dapps & Node Operators with their own blockchains

Builder Grants of up to $50k per project, and even more for particularly impressive candidates, not only give you financial support, but direct access to the BNB Chain Labs team for consultation.

To learn more about the topic, please visit here.

CEXs Commitment to Transparency

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 5
Source BSC Daily

CEXs are providing all their Published Addresses & Proof of Funds (POF) in the next few weeks. Keep your assets safe until everything is transparent

 In BNB Chain Ecosystem, We highly recommend you guys keep your assets in Trust Wallet, SafePal Wallet & MathWallet 

Your keys, your coins💪

Read more about CEXs Commitment to Transparency

Technology Update of BNB Chain in Oct 2022

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 6
Source BNBChain Blog

Major Tech update in Oct

BSC Release v1.1.16

ZkBNB Release v0.0.4 and v0.0.5

Akula

BEP171 

SC Validators Seat Expansion

BSC v1.1.16 is a temporary urgent patch to mitigate the cross-chain infrastructure between Beacon Chain and Smart Chain so that the cross-chain can be re-enabled back.

Read more about the updates

Additional Notable Events

Bnb Chain Weekly Recap Week 46 (10/11 - 16/11) - 7

BabyDogeCoin Swap is Now Listed on Dapp.Com

Radio Caca Partnership with Stader Labs

Sui Daily Launching Event

BombCryptoGame Introducing BomberLand

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