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BNB Chain has outlined plans for a new high-performance Layer 1 blockchain that will operate alongside BNB Smart Chain, with Binance founder Changpeng Zhao responding to the proposal\u2019s decision to retain BNB as its native token.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n According to BNB Chain\u2019s updated technical documentation, published on October 22, the proposed<\/a> network is being developed as a separate EVM-compatible blockchain designed for applications requiring faster transaction processing and predictable execution.<\/p>\n Binance founder Changpeng Zhao, widely known as CZ, responded to discussion surrounding the project with the phrase, \u201cMultiple chains, one coins,\u201d drawing attention to its plan to operate without issuing a separate token.<\/p>\n The project, currently identified as New L1, has not received an official name. Its initial development is underway, although public access and a mainnet launch remain pending.<\/p>\n Under the proposed architecture, BNB Smart Chain will continue supporting its existing decentralized finance applications, trading platforms, and other services while the new network handles transactions requiring lower latency.<\/p>\n The two blockchains will communicate through a native bridge that is still under development. BNB will remain the principal asset across both networks, covering transaction fees and staking.<\/p>\n <\/p>\n BNB Chain\u2019s documentation explains that users will be able to transfer BNB from BSC to the new network. Staked tokens will generate govBNB at a one-to-one ratio, providing non-transferable voting rights through the project\u2019s governance system.<\/p>\n The arrangement differs from launching an independent blockchain with its own cryptocurrency. However, operating multiple chains with a shared asset does not automatically guarantee that network activity or token demand will increase.<\/p>\n The proposal follows BNB Chain\u2019s previous work on improving the performance of its existing infrastructure.<\/p>\n As crypto.news previously reported in January<\/a>, the network\u2019s 2026 roadmap targeted transaction throughput of 20,000 per second and faster finality using parallel execution and Rust-based infrastructure.<\/p>\n Speed is central to the proposed design, which targets block production every 200 milliseconds and transaction pre-confirmation in approximately 20 milliseconds.<\/p>\n Its enhanced Parlia consensus mechanism uses BLS voting to target transaction-order finality in under one second. However, the documentation distinguishes preliminary transaction confirmation from final settlement.<\/p>\n Pre-confirmations provide an indication that a transaction is likely to be included, but they can still be revoked before finalization. Applications handling irreversible transfers must wait for execution finality.<\/p>\n The blockchain separates transaction ordering from execution, allowing validators to continue agreeing on blocks without waiting for every transaction to finish processing.<\/p>\n BNB Chain is introducing a Multi-Lane mechanism that reserves processing capacity for particular transaction classes. The proposed system covers high-frequency trading, decentralized order books, payments, and other applications requiring predictable transaction handling.<\/p>\n Developers will retain compatibility with existing Solidity smart contracts, although certain Ethereum RPC methods and transaction types will not be supported.<\/p>\n The architecture includes native account abstraction and optional privacy features. Account abstraction supports sponsored transaction fees and batched operations, while the privacy system uses a shielded pool for confidential transfers.<\/p>\n The new proposal follows growing activity across tokenized financial products and decentralized trading applications.<\/p>\n An October 23 tokenized-equities market report<\/a> found that BNB Chain processed approximately $25.6 billion in tokenized stock transactions during the third quarter.<\/p>\n The network held around $1.13 billion in tokenized equity supply at quarter-end, with roughly 1.8 million holders. Its transaction count reached 1.51 billion during the quarter, while network revenue climbed 54% to $54.2 million.<\/p>\n Developers have already introduced several performance changes on the existing chain.<\/p>\n The August 25 Pasteur hard fork<\/a> changed BSC\u2019s block-building process and strengthened validator authorization and bridge verification.<\/p>\n Controlled testing showed transaction throughput improving from 1,237 to 2,324 transactions per second, although those results did not establish equivalent gains under live network conditions.<\/p>\n The proposed New L1 introduces a separate architecture instead of relying entirely on further upgrades to BSC.<\/p>\n BNB Chain\u2019s documentation confirms that the project currently operates through an internal multi-validator development network with block production and end-to-end finality.<\/p>\n A public testnet is planned for the end of 2026, followed by a mainnet launch targeted for early 2027. Neither launch has taken place, and the development schedule remains subject to change.<\/p>\n Several technical features require further work. The native bridge has not been completed, while the privacy system still needs security audits and additional trusted-setup work before production use.<\/p>\n The documentation warns that the current shielded pool should not be used with real funds. Public network endpoints will be published once an appropriate testing environment becomes available.<\/p>\n Meanwhile, BNB traded at around $740 at press time, up over 2% in the past 7 days, according to crypto.news market data<\/a>.<\/p>\n <\/p><\/div>\n\n\n
BNB Chain plans another Layer 1 without replacing BSC<\/strong><\/h2>\n
New BNB Chain L1 targets 200-millisecond blocks<\/strong><\/h2>\n
BNB Chain expands its focus on financial applications<\/strong><\/h2>\n
New L1 testnet planned for late 2026<\/strong><\/h2>\n