The update of BNB Smart Chain Mainnet an independent blockchain running its own network with its own technology and protocol. Euler will be June 22, Binance reported.
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- BNB Chain will get an update and hard fork this month
- The programmed bifurcation is called Euler.
- It will be at block 18,907,621 on June 22.
El exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Binance announced the early update and hard fork of the chain BNB Smart Chain Mainnet. According to the report, it is expected that BNB Chain “have a scheduled hard fork update called Euler at a block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. height of 18,907,621”. The current block generation rate predicts that this will occur around June 22, 2022 at 08:00 (UTC). Validators and full-node operators will be able to eben update your software version to v1.1.11 before June 22nd.
En Twitter, the company released the information last night:
Llegará una nueva actualización a #BSC Mainnet el 22 de junio
The Euler upgrade will make BSC more stable, decentralized, reliable, and provide validators with new tools and incentives.
A new upgrade is coming to #BSC Mainnet on June 22????
The Euler upgrade will make BSC more stable, decentralized, reliable, and provide validators with new tools and incentives.
Read this article if you want to learn more???? https://t.co/8jCGyB9TRK
— BNB Chain ???? (@BNBCHAIN) June 9, 2022
Network will be faster
As previously reported DiarioBitcoin The improvements are expected to come for BNB Chain make the network faster and decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. to offer better guarantees to operators and users interested in making use of its Blockchain for products and services.
More from hardfork
On the blog, Binance explains the name of the update: “This update is named after Leonhard Euler in honor of his key contributions to mathematics and mechanics. He was a Swiss mathematician and physicist widely regarded as one of the founders of graph theory and topology”.
For those who do not know what a hardfork is, the company explains: “A hard fork is an upgrade that is not backwards compatible because some major changes were introduced in the latest version. A hard fork in BNB Smart Chain requires more than half of all validators to be successfully upgraded in order to continue creating blocks. If the existing full nodes in the network a network refers to all nodes in the operation of a blockchain at any given moment in time. are not upgraded, they will not be able to receive and execute more blocks normally after the hardfork block height.”
Añade:
Logical changes will occur at block height 19.203.503 for this update. After the update activation, the blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. can handle a number of new features and bug fixes.
Instructions
Tells users that the current version “it’s breaking in the world of cryptocurrencies, breaking the forward compatibility of cryptoassets is seen in hard forks of a cryptocurrency. and needs to switch to v1.1.11” . Indicates a series of insturctions that must be made before the height of the hardfork block:
- If your node the most basic unit of blockchain infrastructure that stores data. is already synchronized with the network, download and compile the latest version of the
- Stop the geth geth, short for Go Ethereum, is a command-line interface that allows developers to run full Ethereum nodes, mine the cryptocurrency and execute smart contracts. process and restart it with v1.1.11.
- If you cannot update your software, you cannot synchronize with updated BNB Smart Chain peer/validator nodes. You will not be able to connect or send transactions.
Furthermore, he warns that due to the design of the Parlia consensus, the absence of the validator, even for scheduled maintenance, will cause instability and loss of BSC capacity due to extra waiting time and chain reorganization for other validators. The introduction of the temporary maintenance mode will stabilize the blocking rotation and maintain the BSC capacity.
More technical information at BNBchain.org.
Sources: Blog de Binance , Twitter , archivo
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