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Chainlink Data Streams Now Live on BNB Chain's Layer-2

source-logo  news.bitcoin.com 28 October 2024 11:15, UTC

Chainlink has launched its Data Streams on BNB Chain’s Layer-2 solution, enhancing the capabilities of decentralized finance applications within the ecosystem. This integration provides developers with access to real-time, high-frequency market data, enabling them to build more efficient and responsive applications. Users can deposit funds from BNB Chain to opBNB, allowing them to interact with various applications and smart contracts on the network. The sequencer aggregates transactions, computes state transitions, and submits them to the rollup contract on BNB Chain, while provers generate cryptographic proofs to verify these transitions. With the capability to support up to 5,000-10,000 transactions per second (TPS), opBNB enhances transaction speeds and reduces latency.

news.bitcoin.com