May 31st, Binance Smart Channel Launch a new technical roadmap. It aims to improve transaction speed, network decentralization and development support. According BSCthe new dApp offer to consumers “greater capacity, faster transactions, greater network decentralization, security and stability”.
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As a reminder, Binance Chain and Binance Smart Chain merged to form the former multi-chain infrastructure layer now called BNB Chain, in February. BNB Chain supported the new ecosystem as well as the governance mechanism of BNB.
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The roadmap includes several notable developments.
- Actually, I gas trained her in a pad BSB increase to 200 million in the third quarter of 2022, i.e. double whatethereal had so far. This ensures faster and cheaper transactions and will provide “an experience dApp transparent even during network traffic shots,” the ad suggests.
- The announcement highlights that upcoming developments focus on the the decentralization of layer 1 blockchains. This by integrating open source applications into its beacon chain.
- Moreover, with the proposal BEP-131, the name of validators will also be decentralized from 21 to 41. In this way, the team thought it would offer users a higher degree of transparency and security.
- Known for allowing users to easily create their own platform through the BNB Application side chain (DOWN), BNB the chain will lead ZkRollups to DOWN and possibly to the system zkBAS. I noticed that the change could improve the balance between security and performance and increase the transaction deficit.
- otherwise, the solutions DOWN and zkBAS specify are designed for building an “application-specific infrastructure”. They will therefore deal with computing power and data storage.
The CEO of Binance, Changpeng ZhaoI stated that the features have improved make BNB Channel the future of blockchain. CZ said it would become a highly decentralized community-controlled product.
“The blockchain can do many things. The first applications focus on Challengebut i thought that BNB Chain is much larger than binance.com. The community decides that they are future. I thought that in the future, people interact with the blockchain without even knowing if it is money, banking, etc.
Also, Uri FerrucioFoundation Executive Director BNBalso shared his thoughts on the roadmap. I affirm that technical improvements are crucialbecause they could bring significant changes to developers and consumers.
Official News: Kazakhstan received $1.5 million back from Bitcoin miners in its first quarter of 2022.
