Greenfield white paper: Cross-chain casting BNB will be started, and the total flow flux of BNB will remain unchanged

On February 28, the white paper of BNB Ecological New Public Chain Greenfield pointed out that Greenfield was built based on the Cosmos SDK. There was a native cross-chain bridge between Greenfield and BSC. The original BNB would be locked on BSC and recast on Greenfield. BNB and data operation primitives can flow between Greenfield and BSC. In addition, the total flow flux of BNB will remain unchanged, but will flow between BNB beacon chain, BSC and Greenfield.

Interpretation of this information:

The white paper of BNB Ecological New Public Chain Greenfield was released on February 28, shedding light on Greenfield, a new public chain that is built using the Cosmos SDK. The paper emphasized that the core feature of the chain is the native cross-chain bridge that connects Greenfield with Binance Smart Chain (BSC). The bridge allows for the locking of original BNB tokens on BSC and their recasting on Greenfield. The decentralized exchange (DEX) and data operation primitives can move back and forth between the two chains.

The paper goes further to highlight that the total flow flux of BNB will remain unchanged, but the tokens will now move between the three chains: BNB beacon chain, BSC, and Greenfield. As a result, Binance Smart Chain and Greenfield will be interoperable, opening up new possibilities and use cases for developers building DApps on both chains.

One of the significant advantages of Greenfield is its focus on energy efficiency and sustainability. According to the paper, the chain will adopt a Proof of Stake consensus mechanism, which significantly reduces its energy consumption compared to the Proof of Work mechanism used by some popular blockchains. Additionally, the paper claims that Greenfield aims to become a carbon-neutral network by offsetting its carbon emissions through adopting green energy sources and carbon credits purchasing.

The three essential keywords that summarize the content are Greenfield, cross-chain bridge, and energy efficiency. Greenfield represents a new player in the blockchain space built on Cosmos SDK with a native cross-chain bridge between the chain and Binance Smart Chain. The chain’s focus on energy efficiency and sustainability sets it apart from some other popular chains that use energy-intensive Proof of Work mechanisms. The cross-chain bridge enables BSC and Greenfield to be interoperable, leading to new possibilities and use cases for developers building DApps on both chains.

In conclusion, the release of the white paper signifies a promising development for the crypto space, advancing the blockchain industry towards a more sustainable future, and opening up new opportunities for DApp developers.