The world’s largest cryptocurrency exchange Binance-backed BNB Chain has taken action to develop its Layer 2 (L2) ecosystem.
BNB Chain introduced rollup-as-a-service (RaaS) solution to encourage Layer 2 projects within the ecosystem. RaaS will provide the infrastructure needed to create cost-effective private rollups, including no-code deployment options for L2-based decentralized finance projects (daApps).
The BNB Chain Core Development team focused on the benefit RaaS support would provide to developers:
By combining the power of RaaS and our ecosystem’s interconnectivity capabilities, developers will have a comprehensive set of tools to efficiently and scalably build Layer 2s on BSC.
The BSC side, aiming to capitalize on the increased Layer 2 interest following the successful launch of Ethereum London upgrade, had recently introduced details of a significant upgrade.