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 BNB Chain hard fork to improve security and compatibility with EVM chains

BNB Chain hard fork to improve security and compatibility with EVM chains


Published: 2023-08-10


Title: Binance Coin (BNB) Chain Hard Forks to Improve Finality and Security Main Topics:

1. Binance Coin (BNB) chain goes through a hard fork - The article discusses the recent hard fork that has taken place on the Binance Coin (BNB) chain in order to enhance finality and security. - The hard fork aims to address limitations in the BNB chain's consensus mechanism,leading to greater stability and security for users. - Through this upgrade,Binance aims to establish itself as a more robust platform for decentralized finance (DeFi) applications.

2. Increased finality and improved security - The hard fork introduces a modified Byzantine Fault Tolerant (BFT) consensus mechanism in the BNB chain. - This modification enhances the finality of transactions,reducing the chances of double-spending and increasing the overall security of the network. - The improved security is expected to attract more participants and increase trust in the BNB blockchain,fostering further growth of the Binance ecosystem.

3. Implications for decentralized finance (DeFi) - The upgrade is designed to make Binance Coin (BNB) and its chain more suitable for hosting decentralized finance (DeFi) applications. - As DeFi continues to gain prominence in the cryptocurrency industry,Binance aims to position itself as a reliable and secure platform for DeFi projects. - The improved finality and security offered by the hard fork can potentially attract more developers and users to build and transact on the BNB chain. In summary,the article highlights the recent hard fork on the Binance Coin (BNB) chain,focusing on the improvements in finality and security. The modified BFT consensus mechanism aims to enhance transaction finality and overall network security,making the BNB chain more viable for hosting decentralized finance (DeFi) applications. This upgrade reinforces Binance's commitment to becoming a leading platform for DeFi projects and attracting more participants to the Binance ecosystem.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,068.00 1,363,791,040.50
2 BTC title=BTC 62,414.01 1,293,162,834.18
3 ETH title=ETH 3,178.48 1,289,194,095.70
4 SOL title=SOL 135.37 430,229,129.88
5 ETHFI title=ETHFI 4.47 260,731,460.15
6 PEPE title=PEPE <0.01 237,564,247.85
7 XRP title=XRP 0.51 151,776,935.35
8 DOGE title=DOGE 0.14 142,870,715.97
9 ENA title=ENA 0.79 127,642,134.82
10 WIF title=WIF 2.73 96,845,954.88
11 GLM title=GLM 0.53 91,843,196.51
12 NEAR title=NEAR 6.83 89,530,759.72
13 BONK title=BONK <0.01 84,978,875.80
14 OP title=OP 2.47 83,647,333.74
15 BOME title=BOME <0.01 66,515,051.49
16 RUNE title=RUNE 4.98 51,633,103.04
17 AVAX title=AVAX 33.31 49,232,739.54
18 ETC title=ETC 27.26 43,817,372.21
19 AR title=AR 36.16 40,724,822.41
20 TRX title=TRX 0.12 40,562,961.45
21 LTC title=LTC 83.81 40,281,057.28
22 ATA title=ATA 0.25 39,678,900.11
23 WLD title=WLD 4.62 39,466,760.23
24 FLOKI title=FLOKI <0.01 39,357,361.56
25 WAVES title=WAVES 2.84 37,242,803.61
26 SEI title=SEI 0.61 36,896,763.51
27 MATIC title=MATIC 0.70 36,831,992.33

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Waves title=WAVES 2.84 +17.84
2 Golem title=GLM 0.53 +12.61
3 OAX title=OAX 0.23 +9.47
4 Akropolis title=AKRO <0.01 +6.96
5 Enzyme title=MLN 22.32 +5.09
6 Lido DAO title=LDO 2.14 +3.73
7 Arweave title=AR 36.16 +3.56
8 AS Roma Fan Token title=ASR 4.08 +3.06
9 W 0.61 +2.01
10 Ether.fi title=ETHFI 4.47 +1.99
11 Ooki title=OOKI <0.01 +1.92
12 COMBO title=COMBO 0.80 +1.42
13 Atlas Aggregator title=ATA 0.25 +0.78
14 Sei title=SEI 0.61 +0.64
15 FC Barcelona Fan Token title=BAR 2.69 +0.60
16 Orion title=ORN 1.68 +0.26
17 Santos FC Fan Token title=SANTOS 6.39 +0.20
18 Paris Saint-Germain Fan Token title=PSG 5.31 +0.13
19 BinaryX [OLD] title=BNX 0.97 +0.04

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Cats Of Sol title=COS 0.01 -21.85
2 Galxe title=GAL 3.62 -20.18
3 LeverFi title=LEVER <0.01 -14.55
4 Saga title=SAGA 3.52 -10.23
5 Dymension title=DYM 3.42 -9.23
6 SSV Network title=SSV 47.98 -9.22
7 Arkham title=ARKM 1.93 -9.15
8 REI Network title=REI 0.08 -8.96
9 Conflux title=CFX 0.22 -8.95
10 Vite title=VITE 0.02 -8.44
11 FarmBot title=FARM 78.94 -8.33
12 Maker title=MKR 2,799.00 -8.32
13 Bittensor title=TAO 392.80 -7.62
14 GALA title=GALA 0.04 -7.60
15 Hifi Finance title=HIFI 0.78 -7.59
16 Acent title=ACE 5.13 -7.54
17 ConstitutionDAO title=PEOPLE 0.02 -7.52
18 Magic title=MAGIC 0.76 -7.51
19 NULS title=NULS 0.60 -7.50
20 Flamingo Finance title=FLM 0.09 -7.44
21 Ontology Gas title=ONG 0.64 -7.43
22 Mobox title=MBOX 0.34 -7.39
23 Chromia title=CHR 0.30 -7.35
24 Polymesh title=POLYX 0.37 -7.29
25 Ethena title=ENA 0.79 -7.28
26 IDEX title=IDEX 0.06 -7.24
27 Yield Guild Games title=YGG 0.82 -7.24
28 Immutable title=IMX 2.02 -7.23
29 Bella Protocol title=BEL 0.83 -7.21
30 Numeraire title=NMR 23.87 -7.19

Bitcoin's Greed and Fear Index.

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67
Greed

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