The Binance Beacon Chain (BNB Beacon Chain) will officially stop running in mid-November and will no longer process any transactions; investors should transfer their corresponding assets from the Binance Beacon Chain to the Binance Smart Chain to avoid asset losses. (Preliminary summary: Binance Chain also launched the meme currency launch platform Four.meme. What are the characteristics and how to earn airdrop points?) (Background supplement: BingX resumes BSC chain mainstream currency, USDT (TRC20) withdrawals, experts on the chain (Estimated loss of 40-50 million US dollars) BNB Chain (Binance Chain), supported by the world's largest exchange Binance, issued an announcement yesterday (16th) announcing that the Binance Beacon Chain (BNB Beacon Chain) has obtained the approval of the verifier and will It officially ceased operations in mid-November and is no longer processing any transactions. Binance Chain emphasized that this move is a strategic plan to integrate the functions of Binance Beacon Chain with Binance Smart Chain (BNB Smart Chain, BSC), aiming to simplify the network, reduce security risks and improve efficiency, and make Binance Chain The architecture conforms to the growing technical needs and future development trends. Binance Beacon Chain asset holders should transfer their assets as soon as possible. In response to this plan, Binance Chain also reminds Binance Beacon Chain asset holders that they should immediately transfer their BEP-2 and BEP-8 tokens from Binance Beacon Chain. Transfer to Binance Smart Chain; if it cannot be transferred in time, users may face irreparable asset losses. In addition, for those centralized exchanges that still support Binance Beacon Chain, Binance Chain also reminds: Stop deposit services: Terminate all value storage functions with Binance Beacon Chain as soon as possible to prevent further transactions on the Internet; Merger BEP-2 Assets: CEX should consolidate remaining BEP-2 assets into secure cold wallets to maximize security before the Binance Beacon Chain is shut down. Other Notes Finally, Binance Chain noted that upon the final shutdown of the Beacon Chain, cross-chain communication between the Beacon Chain and the Smart Chain will also be completely terminated. Other notes include: Blockchain Data Access: Despite the Fusion , but blockchain data will still be accessible through multiple BC RPC nodes and snapshots uploaded to platforms such as Greenfield; the mainnet browser will also remain active and can be used to view historical data. Balance Snapshot: After fusion, a snapshot of user balances will be taken at a specific block height, and users can verify their balances through official links and tools. Token migration: Users can later use the token recovery tool to transfer assets from the beacon chain to the smart chain, but assets without cross-chain functionality will be permanently lost. BNB Chain is a decentralized blockchain network formed after the development and integration of the Binance ecosystem. Initially comprised of Binance Chain and Binance Smart Chain (BSC), this evolution merged the two into BNB Chain, aiming to expand its token’s utility and deepen its decentralized nature. BNB Chain 由兩個主要部分構成：幣安信標鏈，負責治理、質押和投票；幣安智能鏈（BSC），保持與以太坊虛擬機器（EVM）的兼容性，支持多種區塊鏈功能和應用program. Related reports Binance's new cooperation | BAND oracle integrates "Binance Smart Chain", hotel reservation platform Travala is developed using Binance Chain, major upgrade! The "hard fork" of the Binance Chain mainnet is imminent, which will realize BNB equity staking (Staking), cross-chain, and on-chain governance. Content creation blockchain Contentos announced that it will join Binance Chain (Binance Chain). "Binance Beacon Chain will be launched in November." Outage: Quickly transfer Beacon Chain assets to BNB Chain "otherwise there may be permanent losses." This article was first published on BlockTempo (Dongqu Dongzhu - the most influential blockchain news media).