CZ responds to BNB Chain's new L1 plan, one coin for multiple chains

CZ quoted a tweet regarding the new L1 plan for BNB Chain, stating "Multiple chains, one coin." According to the tweet citing the official BNB Chain documentation, the new L1 will coexist with BSC, connected through a native cross-chain bridge, will not issue a separate token, and will continue to use BNB for transaction fees, staking, and governance.

The name of the new chain is yet to be determined, with a goal of 200 milliseconds block time and approximately 20 milliseconds transaction pre-confirmation. An internal multi-validator development network is currently running, with plans to launch a testnet by the end of 2026 and a mainnet in early 2027.