Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [ACTIVE] · [TECHNOLOGY]

2 clusters · 12 sources · 7 days · First seen 7 days ago · Last updated about 20 hours ago

BNB Chain NewL1 Layer 1 development

Overview

BNB Chain has initiated the development of a new high-performance, EVM-compatible Layer 1 blockchain, provisionally named ‘NewL1’. The project began with the launch of a community design forum to discuss technical specifications, including consensus, storage, and post-quantum security.

Technical goals for the network include processing over 100,000 transactions per second, achieving transaction pre-confirmations in approximately 20 to 50 milliseconds, and reaching block finality in under one second. The architecture is intended to support high-frequency trading, real-time payments, and artificial intelligence applications. To facilitate connectivity, a native cross-chain bridge is being developed to link NewL1 with the existing BNB Smart Chain (BSC).

Notably, the project will not issue a new native token. Instead, BNB will serve as the sole gas token for transaction fees, staking, and governance across both ecosystems. Binance co-founder Changpeng Zhao supported this approach, stating, ‘Multiple chains, one coins.’

The project is currently in the design phase and running on an internal multi-validator development network. A public testnet is projected for late 2026, with a mainnet deployment targeted for early 2027.

Entities

BNB Chain · BNB Smart Chain · Alex Odagiu · Nasdaq · Binance

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] BNB Chain is developing a new high-performance Layer 1 blockchain. cryptocompass.com · crypto.news · thecoinrise.com · cryptobriefing.com
[● 4 SOURCES] The new blockchain will operate alongside BNB Smart Chain (BSC) rather than replacing it. cryptocompass.com · crypto.news · thecoinrise.com · cryptobriefing.com
[● 4 SOURCES] The network will use BNB as its sole token for transaction fees, staking, and governance. cryptocompass.com · crypto.news · thecoinrise.com · cryptobriefing.com
[● 4 SOURCES] Changpeng Zhao (CZ) expressed support for the single-token model. cryptocompass.com · crypto.news · thecoinrise.com · cryptobriefing.com
[● 3 SOURCES] The network targets 200-millisecond blocks. cryptocompass.com · crypto.news · cryptobriefing.com
[● 3 SOURCES] The network aims for transaction pre-confirmations of approximately 20 milliseconds. cryptocompass.com · crypto.news · cryptobriefing.com
[● 2 SOURCES] A public testnet is planned for late 2026. cryptocompass.com · crypto.news
[● 2 SOURCES] Mainnet deployment is targeted for early 2027. cryptocompass.com · crypto.news

Timeline

about 20 hours ago

[TECHNOLOGY] 10 sources
BNB Chain plans new high-performance Layer 1 blockchain
BNB Chain is developing a high-performance Layer 1 blockchain to run alongside BSC. The new network will use BNB as its sole token for fees and governance, with a potential mainnet launch in early 2027.
7 days ago

[TECHNOLOGY] 2 sources
BNB Chain announces design forum for NewL1 Layer 1 network
BNB Chain is designing ‘NewL1’, a new Layer 1 network targeting 100,000+ TPS and sub-second finality, using BNB as its sole gas token without issuing a new cryptocurrency.

Sources

ambcrypto.com · cointrust.com · crypto-insiders.nl · crypto.news · cryptobriefing.com · hungarianconservative.com · ibj.org · news.bitcoin.com · pcnmobile.com · rande-academy.cz · tokenpost.com · tokenpost.kr