The BNB Chain development team has outlined their strategic vision for 2024 in a recent report, showcasing a detailed brand evolution and future plans.

The "BNB Chain and Plans for Web3" report highlights the inception of BSC in September 2020 and its journey to becoming a leading tier 1 blockchain ecosystem. It also introduces two community-driven blockchain projects: opBNB, an L2 solution, and Greenfield, a decentralized storage network.

Key milestones achieved by the project include:

1. BSC's achievement of 2000 transactions per second (TPS) and processing over 32 million transactions daily.

2. opBNB handling 71 million transactions in 2023 at a rate of 4500 TPS.

3. An 85% reduction in security-related losses due to enhanced protective measures.

Furthermore, in 2023, BSC witnessed a 21% increase in gas consumption and a 35% rise in daily transactions compared to the previous year.

Looking ahead to 2024, the BNB Chain aims to enhance its throughput, speed, and storage efficiency, reinforcing its status as a premier EVM-compatible platform. Planned initiatives include the launch of BNB Chain Fusion, staking mechanisms on BSC, refining governance protocols, and rolling out opBNB Connect to bolster support for ecosystem developers.

The development team is set to concentrate on nurturing the Web3 economy by providing strategies that are ultra-fast, cost-efficient, scalable, and secure.

This announcement follows the November 2023 unveiling of the opBNB roadmap, which focuses on boosting performance and minimizing transaction fees.