The BNB Chain ecosystem launched Greenfield blockchain, a data storage solution that leverages Web3 technology.
The BNB Chain ecosystem launches Greenfield blockchain, a data storage solution that leverages Web3 technology. But BNB did not react positively to the news of the launch.Greenfield is a novel blockchain solution that aims to emulate popular existing Web2 cloud storage solutions in performance while leveraging smart contracts as the underlying technology.
The Greenfield network works in tandem with storage providers . The SPs are storage service infrastructures that respond to user requests to upload and download data. SP’s then store the data off-chain with redundancy and backups. BNB Chain stated that the network facilitated more than 200,000 on-chain transactions with a unique address count of 150,000 as part of the testing stage. Moreover, it was claimed that Greenfield surpassed the industry standard in upload and download speeds.for gas and governance would be BNB. Despite the deep linkages, the fourth-largest crypto didn’t react overwhelmingly to the news of the launch.
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