🚀 Big News: BEP 336 Upgrade is Coming to
$BNB Chain! 🔥
Hey CryptoCandid Community! 🌟
Exciting changes are coming to BNB Chain with the BEP 336 upgrade, launching on June 20, 2024.
What’s BEP 336?
BEP 336 is a new update inspired by Ethereum’s tech, aiming to make transactions on
$BNB Chain cheaper and faster. It does this by introducing something called "Blob-Carrying Transactions" (BlobTx). 💡
How Does It Work?
1. Blobs Explained: - Think of a blob as a temporary storage bin for large chunks of data (up to 128 KB each). - Instead of checking each transaction one by one, the network only checks the data in these blobs. This saves a lot of processing time and cost.
2. Benefits: - Cheaper Transactions: By reducing data storage needs, transaction fees could drop by up to 90%. More savings for everyone! 💸 - Faster Network: With less data clutter, the blockchain runs smoother and quicker. 🚀
3. New Features:
- Blob Market: Like an auction, it balances costs based on how many blobs people want to store.
- Security Layer: Extra checks to make sure the blob data is accurate and secure. 🛡️
BEP 336 and BNB Greenfield
This update also boosts BNB Greenfield, BNB Chain’s decentralized storage system. Greenfield will use blobs for efficient, large-scale data storage, helping apps handle data better.
What’s Next?
With BEP 336, expect cheaper, faster transactions, and a better experience on BNB Chain. This upgrade is a huge step for both users and developers, making the blockchain more user-friendly and efficient. 🎉
Stay tuned for more updates and get ready for a smoother ride on
$BNB Chain!🚀
#CryptoCandid #BEP336 #BNBChain #BlockchainUpgrade #CryptoTech
#Binance