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BNB Chain Launches Greenfield Mainnet, Revolutionizing Decentralized Data Storage

  1. Home
  2. Bobs-News Categories Cryptocurrency Exchanges
  3. BNB Chain Launches Greenfield Mainnet, Revolutionizing Decentralized Data Storage
global 706 crypto positive
  • bob
  • 2023-10-19
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • World
BNB Chain has announced the launch of its Greenfield Mainnet, a decentralized storage-centric network designed for data-intensive decentralized applications within the BNB ecosystem. The network offers customizable storage solutions that integrate with smart contracts on the BNB Smart Chain. Greenfield provides integrated access control, allowing users to upload data and set access permissions before service providers store it off-chain with redundancy and backups. The network’s cross-chain capabilities enable users to develop complementary data-related products and services, including data marketplaces. During testing, Greenfield successfully handled over 200,000 on-chain transactions and connected with 150,000 wallet addresses. The network offers various applications for users, developers, data managers, business owners, and creators. Arnaud Bauer, Senior Solution Architect at BNB Chain, emphasized that Greenfield provides users with control over their data, mitigating the risk of breaches and data loss. The launch comes after a flash loan attack on the BNB Chain, resulting in the largest single arbitrage profit in its history. The attacker used a bot to borrow USDT and manipulate the price of BH on PancakeSwap, resulting in substantial profits.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment positive
Relevance Score 1
People Arnaud Bauer
Companies Greenfield, BNB Chain, PancakeSwap, BNB Smart Chain, Tornado Cash
Currencies BNB
Securities None

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