BNB Chain now has more unique addresses than Ethereum, developer says

Unique addresses connected the Build and Build (BNB) Chain person present surpassed Ethereum, according to a Dec. 22 connection from the developer.

— BNB Chain (@BNBCHAIN) December 22, 2022

The developer claims that this makes BNB Chain “the largest furniture 1 blockchain successful the world.” However, blockchain information shows that the Bitcoin web is inactive larger than some BNB Chain and Ethereum.

According to Etherscan, Ethereum presently has implicit 217 cardinal unsocial addresses. By contrast, BNB Chain has implicit 233 cardinal unsocial addresses according to BscScan. This implies that BNB Chain is larger than Ethereum arsenic judged by this metric.

On the different hand, the Bitcoin web has implicit 1 cardinal unsocial addresses, making it larger than some of these networks combined.

The connection was made arsenic portion of BNB Chain’s “Year successful Review.” The station besides highlighted different important milestones that the BNB web has reached implicit the past year. The web capped retired astatine 9.8 cardinal transactions per time successful May and reached 2.2 cardinal regular progressive users (DAUs) successful October, with DAUs being defined arsenic the fig of unsocial addresses per time that interact with a astute contract.

The developers recognition the network’s occurrence successful 2022 to respective initiatives implemented this year. The BNB Sidechain protocol allowed decentralized exertion (Dapp) developers to tally their Dapps connected abstracted shards of the network, reducing congestion and lowering transaction costs.

Secondly, the squad funded a builder assistance and $10 cardinal inducement programme for Dapp developers, which led to much Dapps being created for BNB Chain and this, successful turn, attracted much users.

Additionally, “Soulbound tokens” were introduced, which allowed users to registry wallet addresses for Know Your Customer (KYC) purposes by holding non-transferrable tokens successful their wallets. The developers assertion that this accrued BNB Chain’s estimation successful the NFT and Web3 gaming community.

Finally, the squad credited its maturation to the motorboat of Avenger DAO, an API that alerts users of BNB Chain whenever they interact with contracts flagged arsenic malicious. In the team’s view, this made users consciousness much harmless browsing the BNB network, starring to much idiosyncratic retention.

Despite these successes, BNB Chain is inactive criticized by galore successful the blockchain assemblage for being excessively centralized. The station does notation that the web added 23 validators this twelvemonth and plans to adhd 60 much successful the coming months, which should assistance to marque the web little centralized than it was before. By comparison, Ethereum has implicit 400,000 validators.