How Greenfield Works

The BNB Greenfield blockchain adopts a Proof-of-Stake mechanism based on Tendermint consensus to ensure network security. A group of validators facilitates block creation every 2 seconds on the Greenfield chain. BNB token serves as both the gas and governance token for this blockchain.
A native cross-chain bridge exists between the Greenfield blockchain and BSC, enabling the initial locking of BNB on BSC and subsequent re-minting on Greenfield. This seamless connection allows BNB and data operation primitives to flow between Greenfield and BSC. The total BNB circulation remains unchanged, as it now circulates among the BNB Beacon Chain, BSC, and Greenfield.
Storage Providers (SPs) serve a distinct role from Greenfield validators, although the same organizations or individuals can operate both if they adhere to the rules and procedures for election.
SPs are responsible for storing the actual object data, or payload data, using their object storage systems. Similar to Amazon S3 and other object storage solutions, objects stored by SPs are immutable. Users can delete and recreate objects (under a different ID or the same ID with specific public settings), but they cannot modify them.
To register, SPs must first deposit a "Service Stake" on the Greenfield blockchain. Greenfield validators will then follow a governance process to vote on the election of SPs. It is essential for SPs to showcase their capabilities and provide a high-quality, professional storage system with a robust SLA to gain community support.
SPs offer publicly accessible APIs for users to manage, upload, and download data. These APIs closely resemble Amazon S3 APIs, ensuring familiarity for existing developers.