MultiversX Tracker is Live!

BNB Chain Releases Its Year-long Technical Roadmap; What Else Should the Chain Include?

Binance

Cryptocoins Exchanges / Binance 177 Views

BNB Chain has released a document which shows what the network plans to do in the next couple of months.
Well, according to the report which is available on Cointelegraph, the Chain plans to focus majorly on increasing the number of decentralized validators to 41 via the BEP-131 proposal, introduce mainnet BNB Application Sidechains with META Apes and Metaverse World, and to successively enhancing the Block Gas Capacity of the BNB Smart Chain to 200 million in Q3 to improve efficiencies of cost and speed, among others. According to BNB Chain, the intent is to enhance the network's decentralized structure, infrastructural capacity for sidechains, and potential for developer-built decentralized applications (dApps) to improve performance and efficiency. All of these were announced at the BNB Chain Revelation Summit which is a virtual conference that brings together users who believe in the ability of blockchain technology to power the parallel virtual ecosystem of over one billion Web3 users globally. Uri Ferruccio who is the Executive director of the BNB Foundation said that “These technological advancements are significant as they will bring substantial changes for both the developer community and end users [...] The emphasis will be on innovation, sustainability, strengthening the governance mechanism of BNB Chain, and investing heavily in security.” Hope you remember that sometime in February this year, Binance Chain and Binance Smart Chain were merged to form what is now referred to as BNB Chain which is a proof-of-stake layer 1 network similar to Zetrix and Solana Blockchain networks… which allows applications and projects to built on it. Looking at BNB’ roadmap, what else would you have expected the chain to include and develop on?

submitted by /u/Zaniyah765
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments