BNB Chain has introduced its comprehensive roadmap for the Greenfield decentralized storage network, emphasizing a strategic approach to enhance web2 and web3 integration, driving innovation for broader blockchain adoption.
In a statement released on December 12, the company outlined key milestones in Greenfield’s development, presenting an ambitious journey to revolutionize how users and developers interact with data on-chain and web2 platforms.
The roadmap outlines specific targets, with Q4 2023 aiming to enable smart contracts and streamline storage provider (SP) exit stages. Moving into Q1 2024, the focus will shift to enhancing SP performance and optimizing garbage collection processes. The subsequent quarters will witness a fivefold increase in storage speeds for download and upload utilities, with the grand finale in Q4 introducing Artificial Intelligence (AI) integration.
Aligned with its vision for widespread blockchain adoption, BNB Chain aspires to establish a high-performance network catering to various uses, competing with major technology firms in the web2 space. This initiative aims to expedite transaction processing and user onboarding.
Addressing the current upload speed of 2mb/s and download speed of 20mb/s, the BNB protocol aims for a 5x improvement in performance. To overcome blockchain scaling challenges, the protocol introduces a bundle service, allowing users to consolidate multiple files into a single storage order, akin to the concept of grouping on-chain transactions for scalability across various chains.
A noteworthy enhancement is the interoperability of features, creating a multi-chain ecosystem that grants users access to diverse platforms. The cross-chain programmability enables smart contracts to serve as resource owners, granting permissions and control over resources for future operations.
The project’s integration of AI into web3 promises various benefits, including the creation of specialized storage models for large files and off-chain generic computing for efficient processing of extensive data, ultimately saving time and costs.
In terms of network governance, Greenfield aims to simplify and reduce the cost of participation for storage providers and users. By diminishing computational demands, streamlining exit processes, and minimizing energy usage on devices, the platform seeks to make network participation more accessible and affordable.
