BNB Chain announces zero-knowledge proof scaling technology
Binance’s Layer 1 BNB chain has announced its own zero-knowledge (ZK) proof scaling technology, which it coined zkBNB. The goal of zkBNB is to maintain security from its base layer, while utilizing ZK SNARKs for faster transactions per second (TPS), finality, lower transaction costs.
zkBNB Testnet went live on September 2nd, allowing developers to begin interacting with the code, and start building applications.