Binance’s Layer 1 blockchain, BNB Chain, intends to introduce sidechains to increase the network’s scalability.
BNB Chain wants to scale its blockchain
According to a recent report confirmed by a Binance spokesperson, the BNB Chain Application Sidechain (BAS) will enable developers to port data and assets from the blockchain, reducing the network’s limited transaction resources. These sidechains will also be application specific, meaning that individual sidechains will focus on specific use cases, similar to what we have seen with other blockchains.
BAS will be able to function independently as well as host BNB Chain-compatible dapps. Instead of relying on the Mainnet protocol, teams will be able to choose their validator set based on their security needs. Eventually, each development team will be able to install its own BAS on the network. This could be an attempt to focus more on decentralization after its rebranding.
Sidechains are not a new concept
The path taken by the blockchain is not a new phenomenon; application-specific blockchains have been around for a long time. Other Layer 1 blockchains, such as Polkadot, Avalanche, and Cosmos, have ecosystem-specific chains, but these are not sidechains. The approach of the BNB chain is more similar to that of the Gnosis chain, which is designed for fast and cheap payments, and Ronin, the Ethereum sidechain dedicated exclusively to Axie Infinity.
Binance has been working with Anomica Brands to expand the GameFi ecosystem on the blockchain and it appears that the move toward sidechains is another way to make the ecosystem more attractive to game developers. Binance Labs, the core development team working on BNB Chain, will also soon announce technical details about the first-ever BAS test network that will focus on GameFi.