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BNB Greenfield Ecosystem Part I: Current State and Infrastructure Opportunities

2023.6.9  •  4 min read
Blog post image.

Introduction

BNBChain launched the BNB Greenfield testnet called "Congo" and extended an invitation to validators, storage providers (SPs), and dApp developers to participate in the data ownership revolution in April. BNB Greenfield represents a decentralized storage blockchain that aims to transform the data economy by simplifying data storage and management while emphasizing data ownership.

BNBChain has established itself as one of the most dynamic blockchains, with approximately 1 million daily active addresses. However, large-scale dApps, including games and NFTs, continue to face challenges such as censorship and monopolies in centralized storage.

Existing decentralized storage providers also encounter obstacles like poor user experience, limited programmability, interoperability issues, low performance, and sustainability concerns within the token economy, impeding widespread adoption.

What sets BNB Greenfield apart from existing Decentralized Storage Networks (DSNs) are three vital features and a sustainable economy:

  • Cost-effective and high-performance capabilities.
  • Highly scalable and secure infrastructure.
  • Seamless integration with BNB Smart Chain, providing full EVM compatibility.
  • High-performance API/SDK for enhanced development.

By addressing these challenges and offering these distinguishing features, BNB Greenfield aims to pave the way for a new era of decentralized storage, revolutionizing the data economy and fostering broader adoption within the BNBChain ecosystem.

As a new and emerging ecosystem, the BNB Greenfield ecosystem offers ample opportunities for growth and innovation. While it may still be in its infancy stage, the potential for growth and success is deemed significant. At its core, the BNB Greenfield ecosystem is about reshaping data ownership and promoting a more decentralized and equitable approach to data management. As the ecosystem expands and evolves, developers and entrepreneurs will need access to the tools and infrastructure to build and scale their solutions.

In this blog, we will discuss more on the opportunities to contribute to the BNB Greenfield ecosystem as a developer:

  • Current infrastructure and tooling that can make it easier to build on the BNB Greenfield ecosystem
  • New opportunities to build on BNB Greenfield

Continue To Build Infrastructure

In the BNB Greenfield blockchain ecosystem, infrastructure and tooling are even more important since the ecosystem is still in its early stage of development and growth. By investing in the development and maintenance of these components, a BNB Greenfield blockchain ecosystem can provide a strong foundation for innovation and growth, while also ensuring the security and reliability of the network.

Infrastructure provides the foundation for the BNB Greenfield blockchain to ensure the security, scalability, and performance of the network. In the BNB Greenfield ecosystem, infrastructure needs to be designed and built from scratch. This may include components such as hosting service, node service, DAO, CDN, and data indexing that make up the blockchain network.

Moreover, tooling plays a crucial role in accelerating the development and deployment of applications and solutions in the BNB Greenfield ecosystem. Effective tooling, such as developer tooling, user access tooling, and development framework/platform, can simplify and streamline the development process, allowing developers to build and deploy new applications and solutions with greater speed and efficiency.

Here is a framework that addresses the core infrastructure and toolings in categories. Let's dive deeper into the framework and explore the opportunities and existing partners in the BNB Greenfield ecosystem and its competitors. Compared with Filecoin and Arweave, the BNB Greenfield ecosystem has more opportunities for developers:

  • Developer Tooling: NodeReal is contributing to the BNB Greenfield ecosystem through the development of the Greenfieldscan and DCellar portal along with the grand launch of the “Congo” testnet. However, the development platform/framework and onboarding platform, data access and notification, etc are still missing, which presents a massive opportunity for further growth.
  • User Access Tooling: Wallets and browsers are the entry points for users to access and interact with the blockchain ecosystem.
  • Data Indexing and Analytics: these are critical components of the BNB Greenfield ecosystem and play an important role in improving the efficiency of data utility and extracting valuable insights from data.
  • Identity: can provide a means for users to authenticate themselves and securely interact with blockchain applications and services. In particular, Decentralized Identity (DiD), Naming Services, and Social Networks are important tools for simplifying the interaction between blockchain and end-users while enhancing user data's security and privacy.

In addition to the components we've already discussed, there are many other critical infrastructure and tooling components that can help to ensure the security, scalability, and efficiency of the BNB Greenfield ecosystem.

  • Data privacy is one such component, as it provides a means for users to securely store and manage their personal and sensitive data on the blockchain.
  • CDN is another important component, and it can help to improve the speed and efficiency of data transmission on the blockchain.
  • Data migration tools
  • DAO and governance tools

Overall, the development of a robust and comprehensive infrastructure and tooling ecosystem is critical to the success and growth of the BNB Greenfield blockchain. At the same time, it’s a great opportunity for developers to keep contributing to this large ecosystem.

Conclusion

BNB Greenfield is a decentralized storage blockchain that offers various opportunities in infrastructure, tooling, and application development. Essentially, BNB Greenfield provides decentralized storage that can enable large-scale applications to match with each other naturally without compromising scalability. In terms of tooling and infrastructure, there are lots of opportunities in components such as user access tooling, data indexing and analytics, and identity, which can simplify the onboarding process and ensure transparency and efficiency.

Several projects are already contributing to the ecosystem, including NodeReal, Polyhedra, and many more. These projects are exploring various use cases and leveraging the essential features of BNB Greenfield to make web3 more efficient and user-friendly.

About NodeReal

NodeReal is a leading one-stop blockchain infrastructure and service provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. We provide scalable, reliable, and efficient blockchain solutions for everyone, aiming to support the adoption, growth, and long-term success of the Web3 ecosystem.

NodeReal’s Semita helps developers to build their custom Application Chains or scale their blockchains with layer 2 solutions, like ZK Rollup and Optimistic Rollup.

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