BNB Smart Chain announces its next major project upgradeBEP 336, inspired by Ethereum EIP4844
As per the BNB chainBEP336 reduces transaction costs by a significant amount and increases network performance. This coincides with Ethereum’s Dencun upgrade The mainnet went live today. This is a big day for blockchain.
You can also find out more about the following: upgrade Introductions “Blob-Carrying Transactions” The BlobTx protocol allows for large data blocks up to 128, KB, to be cost-effectively stored in a temporary manner. The network transaction verification is simplified by this approach. BNB Smart Chain enhances efficiency through data verification within blocks rather than for each individual transaction. It is of particular benefit to opBNB.
You can also find out more about the following: upgrade The precompile contract includes a market for blobs and the blob storage costs. The first regulates the cost of storing and transmitting blobs according to network demand. While, the second adds an extra layer of security through data verification. blobs Referring to them in transaction.
BEP 336 differs from Ethereum’s EIP4844 by having features such as a dynamic pricing mechanism for the blobs, and a token burning mechanism that reflects BSC’s specific needs.
BEP 336 will be rolled out in phases. The first phase will be the Magnet testnet, which is scheduled to begin in May. The upgrade The BSC mainnet will be launched in June via a hard-fork.
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Source: crypto.news
