The brand new technical roadmap will play a crucial role in developing the crypto ecosystem.
On May 31, the Binance Smart Chain launched its new technical roadmap that strives to boost transaction speeds, network decentralization, and dev support. According to BSC, the brand new decentralized applications (dApps) will provide “increased capacity, faster transactions, increased decentralization, network security, and stability to the consumers.”
The roadmap also consists of several noticeable developments. For instance, the Block Gas Capacity of BSB will be increased to 200M in the third quarter of 2022. This will ensure faster and cheaper transactions and provide “a flawless dApp experience even amid peak network traffic,” the announcement suggested. Moreover, the number of decentralized validators will also be increased from 21 to 41 through the BEP-131 proposal.
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Uri Ferruccio, executive director of the BNB Foundation, shared his thoughts on the roadmap and suggested that technological improvements are crucial because they might result in major changes for the developers and the consumers. “The emphasis will be on innovation, sustainability, strengthening the governance mechanism of BNB Chain, and investing heavily in security,” he added.
Earlier this month, America’s largest crypto exchange platform Coinbase announced that it would introduce Binance Smart Chain to the Coinbase wallet. Users are now able to exchange on four different networks, including Ethereum (ETH), Polygon (MATIC), BNB Chain (BNB), and Avalanche (AVAX).
As of now, the current price of BNB is $316.36 as it is up 1.07% in the last 24 hours.
