The Boba Network layer 2 solution will now be an integral part of BNB Chain. This news follows statements from Enya, the company specializing in the development of blockchains. According to the information at our disposal, this initiative aims to boost the development of applications on the network. Everything will be done through Boba Network, Enya’s new layer 2 scaling solution. In addition, Boba Network’s goal is to align with the constraints imposed by the scalability of the layer 1 blockchain..
Boba Network joins other Layer 2 solutions on BNB Chain
In this revolution, Enya can count on its collaboration with Sushiwap, one of the most prominent decentralized exchanges today. The launch will be from the BNB version of Boba Network. As a reminder, you should know that when referring to Boba Networkit is actually a optimistic Rollup. It is on the basis of this scaling solution with off-chain calculations that it is possible to enjoy several advantages. In particular inexpensive transactions with an interesting execution speed on all blockchains combined.
The Boba Network scaling solution is therefore expected at the turn, as it could be one of the very first to reach BNB Chain. The stakes are all the greater, since the BNB Chain version currently hosts a little more of $5.7 billion in crypto.
This is not Enya’s first masterstroke this year. We remember that last April, the company managed to raise a tidy sum of 45 million dollars, thus boosting its valuation to more than $1.5 billion. By setting up Boba Network a year ago, Enya wanted to put its direct competitors like Arbitum and Optimism in difficulty.
Conclusion
Prior to this Boba scaling, BNB Chain had also made a media release to announce a Layer 2 scaling on ZK-Rollups. For the moment, it would be premature to evaluate this extension, because we are still only at the stage of the tests.
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