10 months ago
BNB’s Beacon Chain volition soon acquisition its “ZhangHeng” upgrade, according to an announcement from the project’s blog connected July 12.
That station indicates that the beacon concatenation mainnet volition acquisition a hard fork upgrade astatine artifact tallness 328,088,888 connected July 19, 2023, astatine 6:00 UTC.
The project’s announcement described 2 large changes successful this upgrade. First, the upgrade volition present BEP-255, which proposes on-chain plus reconciliation connected the BNB Beacon Chain. This summation improves information by tracking idiosyncratic equilibrium changes successful each artifact and reconciling them to place discrepancies. If determination are immoderate reconciliation errors, the blockchain volition halt the accumulation of caller blocks.
The upgrade besides introduces a bug hole that addresses a vulnerability called the Rogue Key Attack, which could jeopardize the correctness of the network’s Fast Finality mechanism. The upgrade fixes this by clearing each existing ballot addresses astatine the tallness of the hard fork; validators indispensable adhd ballot addresses again later.
Apart from improving wide security, the upgrade volition not straight impact astir users. Those who clasp BNB oregon usage exchanges oregon hardware wallets that enactment BNB bash not request to instrumentality immoderate enactment unless different notified by their work provider.
Node operators, however, request to instrumentality enactment successful beforehand of the hard fork. They indispensable update their bundle mentation to v0.10.16 anterior to the hard fork artifact height. Node operators indispensable participate a betterment process if they neglect to upgrade successful time.
BNB Chain was created by Binance
This upgrade concerns BNB Chain (BNB), which is presently the fourth-largest blockchain by marketplace cap. BNB has a proviso valued astatine $38 billion.
BNB Chain was created and developed by the large cryptocurrency speech Binance. It is operated arsenic a decentralized assemblage project, though Binance remains 1 of galore contributors, according to the company’s website.
Binance and associated companies were sued by U.S. securities regulators successful June. BNB is 1 plus that is identified arsenic a information successful that case.
The station BNB Beacon Chain to present 2 information updates successful upcoming hard fork appeared archetypal connected CryptoSlate.
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