![]() What's more, the protocol is audited by leading smart-contract security firm, CertiK. Former Binance employees also happen to be the ones who started PancakeSwap. PancakeSwap is a token built on the Binance Chain BEP-2, which is run by Binance, owner of the world's largest cryptocurrency exchange, processing $27 billion worth of trades a day on average. Innovation never sleeps, and it's clear that the future of BNB Chain goes into a world of over 1 billion users.Image source: Getty Images. Introduce more validators to join the block production of BSC.Working with validators and infrastructure providers to deploy new solutions to address this issue, such as.New technologies, like Erigon, are being verified to decrease both time and storage demands for validator nodes while performing full sync.Scaling down the validator and node operator requirements is necessary to enable a seamless BSC experience. Currently, to fully sync the BSC blockchain, validators need extensive storage and time. We plan to introduce a more advanced logic for blockchain storage and BSC client to cover it and allow further expansion. Key Features Ĭurrently, BSC offers a considerable block size of 140M gas ceiling. ![]() With this name change also comes more advancements to benefit users, projects, and developers connected to the BNB Chain community. Holding BNB gives you the right to make your voice heard and is necessary for participation in BNB Chain's decentralized on-chain governance. ![]() Along with fueling transactions on BNB Chain (similar to gas on Ethereum), BNB also acts as a governance token. The ownership, usage, and monetization of data are now possible first and foremost for users, as well as all participants in the BNB Chain ecosystem.īNB stands for " Build and Build".
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