Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, in response to a Dec. 22 assertion from the developer.

BNB Chain has made important strides in onboarding the subsequent billion customers into #Web3 in 2022.

We wish to thank our unimaginable neighborhood for coming alongside for the journey as we lay the groundwork for an excellent greater 12 months to return.

Further particulars ⤵️https://t.co/9jNFdVeoZ3 pic.twitter.com/QjxL3ey759

— BNB Chain (@BNBCHAIN) December 22, 2022

The developer claims that this makes BNB Chain “the largest layer 1 blockchain in the world.” However, blockchain information exhibits that the Bitcoin community continues to be bigger than each BNB Chain and Ethereum.

According to Etherscan, Ethereum presently has over 217 million unique addresses. By distinction, BNB Chain has over 233 million unique addresses in response to BscScan. This implies that BNB Chain is bigger than Ethereum as judged by this metric.

On the opposite hand, the Bitcoin community has over 1 billion unique addresses, making it bigger than each of those networks mixed.

The assertion was made as a part of BNB Chain’s “Year in Review.” The publish additionally highlighted different important milestones that the BNB community has reached over the previous 12 months. The community capped out at 9.8 million transactions per day in May and reached 2.2 million each day energetic customers (DAUs) in October, with DAUs being outlined because the variety of unique addresses per day that work together with a wise contract.

The builders credit score the community’s success in 2022 to a number of initiatives applied this 12 months. The BNB Sidechain protocol allowed decentralized utility (Dapp) builders to run their Dapps on separate shards of the community, lowering congestion and reducing transaction prices.

Secondly, the crew funded a builder grant and $10 million incentive program for Dapp builders, which led to more Dapps being created for BNB Chain and this, in flip, attracted more customers.

Additionally, “Soulbound tokens” have been launched, which allowed customers to register pockets addresses for Know Your Customer (KYC) functions by holding non-transferrable tokens of their wallets. The builders declare that this elevated BNB Chain’s fame within the NFT and Web3 gaming neighborhood.

Finally, the crew credited its progress to the launch of Avenger DAO, an API that alerts customers of BNB Chain each time they work together with contracts flagged as malicious. In the crew’s view, this made customers really feel more secure shopping the BNB community, resulting in more person retention.

Despite these successes, BNB Chain continues to be criticized by many within the blockchain neighborhood for being too centralized. The publish does point out that the community added 23 validators this 12 months and plans so as to add 60 more within the coming months, which ought to assist to make the community much less centralized than it was earlier than. By comparability, Ethereum has over 400,000 validators.


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