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Everyone knows BNB launched opBNB on Testnet yesterday_ let_s understand more about it.

What is opBNB?

opBNB is an EVM compatible chain that is based on Optimism_s OP stack.

opBNB utilizes OP Stack to achieve improved scalability, including Optimistic Rollups to process transactions off-chain.

Transaction speed & cost:

opBNB testnet is expected to reach speeds up to 4000 tps and an average transfer cost of less than $0.005.

Is it built on top of Ethereum?

No, it is not. opBNB is built on top of BSC and not Ethereum.
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