BNB chain has introduced the BNB Greenfield whitepaper
BNB Greenfield is a system focused on supporting a decentralized data economy. The goal of this system is to simplify the process of storing and managing access to data, effectively connecting data ownership more closely in DeFi.
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You can find the Greenfield whitepaper here.
BNB Greenfield consists of a trio of components that form a decentralized data storage system that is focused on users.
The first part consists of the BNB Greenfield blockchain, and storage providers who store user data with unique access rights outside the blockchain, with proper redundancy and backup. User account metadata for $BNB is stored on the BNB Greenfield blockchain.
The second part consists of new BNB Greenfield dApps.
The third part includes existing BNB Chain dApps.
The native programmable layer connects BNB Greenfield to BNB Smart Chain and allows new and existing dApps to utilize data stored in the network in new and interesting ways.
The main BNB Chain development team is working with awscloud, Nodereal_io, and BlockdaemonHQ to create a test network for BNB Greenfield, which is scheduled to launch in the coming months.
Impact
BNB Greenfield has the potential to benefit applications in several sectors, such as personal cloud storage, hosting and deploying websites, social media, and storing large amounts of data from BNB Smart Chain and L2 Rollup transactions.
The whitepaper is out, and I like its approach to full decentralization. I am not sure if we will be able to trust BNB Chain, as it is connected to one of the largest CEXs, Binance. Ultimately, it will be difficult to assess whether their claim of decentralization is genuine, not just for show.
Ondřej Tittl
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