Jimmy Zhao on BNB Chain and the Future of Blockchain
Jimmy Zhao, a veteran Senior Solution Architect at BNB Chain, recently sat down for a chat with Cryptonews Podcast host Matt Zahab. He discussed various aspects of BNB Chain, including its separation from Binance, the shift to fully on-chain models, and plans for more Layer-2 innovations. Here are the key points from their conversation:
Binance and BNB Chain: Separate Entities
Zhao emphasized that BNB Chain is a separate entity from the crypto exchange Binance. While Binance is one of the biggest users of BNB Chain, the team working on BNB Chain cannot assist users with Binance-related issues. It is incorrect to refer to it as โBinance Chain.โ
Shifting to Fully On-chain Models
Zhao discussed the One BNB Chain project, which aims to integrate different layers of BNB Chain into a unified platform. The goal is to have decentralized computing and data storage, streamlining the inter
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