CZ Responds to BNB Chain New L1 Plan Using Shared Token

BNB Chain has outlined technical documentation for a new high-performance Layer 1 blockchain that will operate alongside BNB Smart Chain without introducing a separate cryptocurrency, according to CryptoNews. Binance founder Changpeng Zhao, widely known as CZ, responded to the proposal with the phrase, "Multiple chains, one coins," highlighting the network's design to retain BNB as its native asset.

Network Performance and Architecture

The proposed network targets block production every 200 milliseconds and transaction pre-confirmation in approximately 20 milliseconds. Its enhanced Parlia consensus mechanism uses BLS voting to aim for transaction-order finality in under one second. The blockchain separates transaction ordering from execution and introduces a Multi-Lane mechanism that reserves processing capacity for high-frequency trading, decentralized order books, and payments.

Users will be able to transfer BNB from the existing BSC network to the new chain through a native bridge. Staked tokens will generate govBNB at a one-to-one ratio for non-transferable voting rights. The project currently operates an internal multi-validator development network, with a public testnet scheduled for late 2026 and an early 2027 mainnet launch.

Key facts

• BNB Chain proposed a new EVM-compatible Layer 1 blockchain targeting 200ms blocks.
• The network will use BNB as its native asset for gas, staking, and governance via a native bridge.
• Binance founder Changpeng Zhao responded to the plan with the phrase "Multiple chains, one coins."
• An internal multi-validator devnet is currently running, with a public testnet planned for late 2026 and a mainnet launch in early 2027.
• BNB Chain processed approximately $25.6 billion in tokenized stock transactions during the third quarter.