SHOW ALL

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

BNB Chain plans to develop a tech ecosystem in the following year

BNB_Chain_plans_to_develop_a_tech_ecosystem_in_the_following_year

BNB Chain has announced the start of a technology roadmap that will make the network faster and more efficient by improving its decentralized structure, sidechain infrastructure, and the possibility of developer-built decentralized apps (DApps).

The paper also had the latest version of the Most Valuable Builder incubator program for people who want to make Web3 software. At the BNB Chain Revelation Summit, the news was shared.

Binance Chain and Binance Smart Chain were combined in February of this year to make what is now called BNB Chain. This is the infrastructure layer for many chains, which supports the new ecosystem and BNB governance mechanisms.

Some of the most important parts of the roadmap are the introduction of mainnet BNB Application Sidechains with META Apes and Metaverse World, the proposal for BEP-131 to almost double the number of decentralized validators to 41, and the gradual increase of the BNB Smart Chain’s Block Gas Capacity to 200 million in Q3 to improve cost and speed.

Uri Ferruccio, who is the executive director of the BNB Foundation, talked about how he thinks the roadmap could help the BNB Chain ecosystem grow. He said:

“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.”

About Humano

He is a freelance writer based in Turkey. He loves NFTs, football, film and technology.

SHARE:
Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Recommended Posts

Leave a Reply

Your email address will not be published. Required fields are marked *