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What is BNB Greenfield? Introducing the Binance Decentralized Storage Network

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What is BNB Greenfield? Introducing the Binance Decentralized Storage Network

BNB Greenfield network of Binance blockchain launched for decentralized data storage. In this Pooyan Music post, we will introduce BNB Greenfield network and its use.

What is BNB Greenfield Network?

BNB Greenfield is a blockchain focused on storage. This network is connected to a decentralized network of storage providers (SP).

Blockchain – a community-based blockchain ecosystem – announced the public launch of its Greenfield mainnet.

According to Binance’s official blog post, BNB Greenfield is a decentralized storage network designed to cater to data-intensive decentralized applications in the BNB ecosystem. The goal of this network is to provide customizable storage methods that seamlessly integrate with smart contracts on the BNB smart chain.

BNB doubles the decentralized storage of information

BNB doubles the decentralized storage of information

During several rounds of stress testing, BNB Greenfield’s uplink bandwidth reached 30 M/sec. While the downlink bandwidth also reached 300M/sec. Each SP was capable of uploading 30 files per second.

Greenfield is also tasked with providing integrated access control. This feature allows users to upload their data and set specific access permissions before service providers store it off-chain with extensive redundancy and backup.

In addition, the blockchain’s cross-chain capabilities enable BNB chain users to develop their own complementary data-related products and services. Users can further capitalize on their data by creating greenfield data marketplaces, where they have the freedom to create, index, trade, and sell their data.

During the testing phase, the network successfully completed more than 200,000 chain transactions and connected with 15,000 unique wallet addresses.

Other features of BNB Greenfield

BNB Greenfield, beyond its primary function of storing a significant amount of information, offers a diverse range of applications for users, developers, administrators, business owners and builders. Applications include decentralized hosting, a knowledge economy platform, IP infrastructure for AIGC content, information management solutions, and more.

Arnad Bauer, chief method architect at BNB Blockchain, emphasized that BNB Greenfield is a “revolutionary technology” in data ownership on Web3 and the information economy. At the same time, he points to its ability to provide users with a decentralized alternative to conventional cloud services. Bauer added:

Apart from centralized capabilities, BnB Greenfield allows users to have control over their data and reduce the risk of data breach and loss. During the greenfield testnet phase and the recent BNB blockchain hackathon, it was encouraging to see many creative dApps demonstrating the potential of user-centric decentralized file storage.