With over 400,000 unique wallets participating in the Testnet, opBNB is live on mainnet, with early access granted to infrastructure providers.
SUMMARY
Following months of meticulous development and testing, BNB Chain has announced today that it is opening up the mainnet for its Layer 2 scaling solution, opBNB, to infrastructure providers. The mainnet will be open to the public from the end of August or early September.
Utilizing the Optimism OP Stack Bedrock, opBNB is poised to bring unparalleled speed, security, and scalability to users worldwide across various sectors of decentralized finance.
Prioritizing scalability and security, opBNB has achieved key milestones during the Testnet phase. With 435,972 unique wallet addresses participating, opBNB witnessed rigorous testing, processing over 7 million onchain transactions and attracting over 40 deployed dApps. To support ecosystem development, opBNB offers grants, builder programs, and funding initiatives. These include the Builder Grant for innovative open-source projects, the BNB Chain Kickstart offering essential tools, and the MVB Accelerator Program for holistic incubation.
Now, on the brink of the Mainnet launch, opBNB remains steadfast in its commitment to innovation and growth. The Mainnet timeline sets its launch for mid-August 2023, with early access granted to infrastructure providers. General access is expected at the end of August or early September, based on the criteria outlined in the Mainnet genesis.
Post-Mainnet launch, opBNB's focus includes enhancing fraud-proof systems, implementing account abstraction, and ensuring seamless data availability and interoperability with the BNB Greenfield ecosystem. By emphasizing these objectives, opBNB aims to create a resilient, decentralized, and high-performance blockchain network that fosters innovation and adoption across digital domains.
We take a look at some of the biggest names in the blockchain industry, from Vitalik Buterin to Justin Sun, and dive deep into their personal portfolios with the help of leading on-chain analytics platform, Arkham Intelligence.
The cryptocurrency industry is fraught with risks. Not only volatility, but also blockchain-specific risks such as seed-phrase loss or security breaches. That said, some individuals, oftentimes founders, have managed to accrue large sums of capital through cryptocurrency’s growth over the past decade.
We take a look at some of the industry’s biggest names, and deep dive into their personal crypto-bags, using Arkham Intelligence’s platform.
In particular:
Despite falling prey to a recent SIM-swap attack, which saw the founder lose nearly $700,000, Buterin’s personal bags remain largely undiminished, with Arkham attributing close to $400 million to his on-chain holdings.
Unsurprisingly, Buterin’s portfolio consists almost entirely of Ethereum, with Arkham’s dashboard indicating some 248,013 ETH (equivalent to around $396 million) in his personal wallets.
However, Buterin’s wallets also contain smaller holdings of other tokens in the ecosystem. In particular, more than $320,000 in wrapped Ethereum (WETH) – an Ethereum equivalent designed to interact more easily with smart contracts.
It is worth noting here that Buterin previously held more than half a million dollars in MakerDAO’s MKR token. Though this was sold just days ago, as reported by BSC News.
A prominent but controversial figure in the blockchain ecosystem, Arkham Intelligence attributes more than a billion dollars worth of cryptocurrency to the founder of TRON (TRX) – a digital asset which itself holds a market capitalization of some $7.2 billion, at time of writing.
Unlike in the case of Buterin, Sun’s holdings are more diversified, with the bulk of his holdings spread across four key assets:
It is perhaps unsurprising that Sun should hold large sums of the latter three tokens. USDD is a TRON-native algorithmic stablecoin, launched by Justin Sun himself, and USDJ is another stablecoin associated with TRON-native DeFi protocol, Just Network.
However, what is interesting is Sun’s largest portfolio section, consisting of a staked version of Ethereum (ETH). Given TRON’s smart contract capability and PoS consensus mechanism, one could be forgiven for considering it a competitor to Ethereum. In this sense, Sun’s HODLing of Ethereum LSD assets may be seen as an expression of faith in Ethereum dominance continuing into the future…
Whilst certainly not a crypto-native figure, the influence of Donald Trump on the world stage renders a glimpse into his personal crypto holdings interesting at the very least. That said, the former-president has already made a splash in the blockchain industry, having debuted his very own NFT collection.
According to Arkham, Trump’s on-chain holdings currently amount to around $2.56 million, certainly placing him at the smaller end of today’s cryptocurrency rich-list. Nearly the entirety of Donald Trump’s portfolio is held in Ethereum (ETH). Specifically, 1,552 ETH worth approximately $2.5 million, at time of writing. That said, his portfolio currently also holds just under $40,000 in WETH – ETH’s functionality-focused cousin.
The second of two Ethereum co-founders to feature on our list, Wilcke has been attributed as the creator of Ethereum from an implementation-standpoint. Perhaps unsurprisingly, therefore, of the more than $242 million of on-chain assets attributed to Wilcke, north of $241 million sits in ETH – the asset that he helped to create.
That said, what is perhaps more interesting are the small holdings seen for tokens with altogether lower market capitalization and prominence. In particular, SNT, the native token of Status.im – a “secure messaging app, crypto wallet, and Web3 browser built with state of the art technology.”
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
