CZ has endorsed BNB Chain's new Layer 1 plan, emphasizing a "multiple chains, one token" architecture. According to official documentation, the upcoming L1 will coexist with Binance Smart Chain (BSC) and connect via a native cross-chain bridge. The new chain will not issue an independent token; instead, it will continue using BNB as the core asset for gas fees, staking, and governance.
The BNB Chain team plans to launch a testnet by the end of 2026, with mainnet deployment targeted for early 2027.
CZ Outlines BNB Chain's New L1 Vision: "Multiple Chains, One Token" with No Independent Token
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.