• BobaBNB, a BNB Chain layer-2 platform, processed over 3 million transactions in May 2023.
• The surge is primarily attributed to ROVI Network, which provides users with a familiar, user-friendly P2P payment experience.
• BobaBNB leverages roll-up technology and its Hybrid Compute technology enables smart contracts that leverage real-world data and off-chain computing resources.
BobaBNB Processes Over 3 Million Transactions
BobaBNB, a layer-2 scaling solution for the BNB chain, processed over 3 million transactions in May 2023 – setting a new record. This significant increase from April’s 2.8 million transactions can be attributed to surging activity on the ROVI Network which has become the network’s top decentralized application (dapp). With more than 80,000 unique wallets utilizing BobaBNB now supports an average of 220,000 daily transactions.
ROVI Spurring Adoption
ROVI Network’s mission is to simplify crypto technology and adoption through interconnected products such as M91 Crypto Super App which provides users with a familiar, user-friendly P2P payment experience similar to WeChat Pay. Additionally, ROVI offers Keyboard91 – an AI Smart Keyboard app that rewards users with crypto for typing messages – and Gaming91 – a crypto-based fantasy game powered by smart contracts. The ROVI Network also built user-friendly infrastructure such as secure keyless wallets based on Multi-Party Computation (MPC), gasless transactions and one click on/off ramps between crypto and fiat currencies critical for onboarding billions of users into Web3.
Boba Network’s Multichain Infrastructure
Boba Network is an optimistic based multichain layer 2 scaling solution that leverages roll up technology enabling developers to use its Hybrid Compute technology for smart contracts leveraging real world data and off chain computing resources reducing transaction costs while ensuring near real time transaction processing offering up to 80% savings on gas fees.
Impact of ROVI Adoption
The surging popularity of the ROVI Network has had an impact on BobaBNB as it now supports an average of 220 thousand daily transactions from over 80 thousand unique wallets since its launch weeks ago drawing over 50 thousand unique wallets creating maximum performance with a focus on mass adoption leading it up towards its goal of onboarding billions of users into Web3 using secure keyless wallets based on MPC and gasless transactions among other features allowing smooth access into Web3 from traditional financial systems like fiat currency payments etcetera making it increasingly popular within the cryptocurrency community leading to this milestone number being achieved last month setting another record high previously not seen before by BobaBNB .
Conclusion
In conclusion , BobaBNB continues to be one of the most popular platforms in cryptocurrency due to its scalability potential , cost effectiveness , near real time transaction processing capabilities etcetera . This milestone set by BobaBNB last month demonstrates these attributes along with how successful the integration between traditional finance systems like fiat currency payments via Rovi’s multi party computation system & other features have been in boosting overall usage & adoption across all platforms including web3 .
Die Kommentare sind deaktiviert.