Recently, the opBNB project’s team, a layer2 solution on the Ethereum network, unexpectedly discovered abnormal gas fees on MetaMask. Specifically, MetaMask had been taking the average fee suggested by many networks as the default gas fee for opBNB.
The project stated that while this policy might be reasonable for other L2 networks, it wasn’t entirely suitable for opBNB. This is because opBNB’s gas fees are “much lower than other L1 and L2 networks.” High gas fees would particularly harm opBNB users.
Following the discovery of this abnormality, BNB Chain reached out to MetaMask to resolve the issue. Currently, the bug has been fixed, and the wallet now accurately displays the network’s fees.
opBNB is an Ethereum Virtual Machine (EVM)-compatible layer 2 network built on the Optimism’s OP Stack platform, utilizing Optimistic Rollups to provide users in the global decentralized finance sector with numerous benefits, including:
– Low transaction fees
– Fast and stable network speed
– Security assurances
– Infinite scalability
In early September, opBNB officially launched its Mainnet, marking a new development milestone for the project.
Notably, after the Mainnet launch, opBNB will actualize the following goals:
– Enhance the fraud-proof system: This involves sending evidence from Verifiers to Layer1 when suspicious transactions are detected, mainly used in the Optimistic Rollup model.
– Implement account abstraction.
– Ensure availability and seamless data interaction with the BNB Greenfield ecosystem.
This will create a highly adaptable, decentralized blockchain network with high performance capabilities, driving innovation and multi-platform digital application, marking an important milestone that could improve BNB Chain’s position in the decentralized finance ecosystem.
On the BNB Chain side, it is a leading ecosystem with significant development potential, backed by the Binance exchange. However, BNB Chain is still smaller compared to the Ethereum ecosystem. The Total Value Locked (TVL) in Ethereum-based applications is over $23 billion, while BNB Chain’s TVL is approximately $3 billion.
This incident highlights the importance of maintaining appropriate gas fee settings for various networks to ensure fair and efficient transactions for users.