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BNB Chain Announces Upcoming Beacon Chain Fusion
#BNB #BNBchain #Binancchain #Binance $BNB

BNB Chain, the community-driven blockchain ecosystem, has announced the Beacon Chain (BC) Fusion Second Sunset Fork. This event is scheduled for July 14, 2024, at block height 378,062,790.

The upgrade aims to streamline the network, improve efficiency, and enhance security by migrating functionalities from the BNB Beacon Chain to the BNB Smart Chain (BSC).

Enhancing the BNB Ecosystem

The BC Fusion is set to enhance the BNB ecosystem by consolidating functionalities onto the BNB Smart Chain (BSC). This consolidation will create a more robust, efficient, and secure infrastructure.

Actions for Asset Holders and Stakers

BNB/BEP2 Asset Holders: Users should transfer their BNB Beacon Chain assets, including BEP2/8 tokens, before and after BC Fusion. Assets not migrated by August 15 will become unmovable. Detailed information can be found here.

BNB Stakers: Stakers must move their delegations to the new native staking system.

This includes:

Cross Chain Redelegation Undelegation, Cross Chain Transfer, New Delegation