It is expected that the improvements to come for BNB Chain make the network faster and more decentralized, to offer better guarantees to operators and users interested in making use of its Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. for products and services.
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- Team of BNB Chain presents a roadmap a roadmap is a high-level visual summary that helps map out the vision as well as the direction of a specific product. for future updates.
- It will increase the number of validators from 21 to 41.
- DEX (decentralized exchange)A peer-to-peer exchange allowing users to trade cryptocurrency without the need for an intermediary. de Binance will now be open source.
- The changes will take place before the close refers to the closing price; similar to the same term used in stock trading. of 2022.
Binance, the exhange with the largest trading volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. worldwide, presented a new roadmap for its network. BNB Chain, with which it will seek to make this much faster and decentralized.
Increased decentralization for BNB Chain
This was reported by the development team during theBNB Chain Revelation Summita specially dedicated event to provide announcements, information, updates and new plans regarding the network created by Binance.
In relation to the plans for BNB Chain, the roadmap of the project shows that a new update will come in place with several points to implement, among which would be the BEP-131 which would bring improvements in relation to decentralization, expanding the number of validators for greater security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. and stability of the Blockchain.
In this regard we read:
“This proposal would increase the number of BNB Chain mainnet an independent blockchain running its own network with its own technology and protocol. validators from 21 to 41, providing greater decentralization the handover of control from a central authority to several different custodians. and incentives for those who take on this work to constantly innovate their hardware and infrastructure.”
While BNB Chain has been a very attractive proposition for a large number of projects and initiatives in the space. Blockchain, One of the most frequent criticisms among the more orthodox is that it appears as a very centralized a centralized organizational structure is one in which a single node or a small number of them are in control of an entire network. network. Therefore, the improvements are aimed precisely at increasing the number of validators by almost doubling the original number, although it is not known if there will be more places in future revisions.
This implementation is expected to be effective by the end of 2022.
DEX de Binance will be open source
Another of the announcements made in the roadmap is that the implementation of the BNB Beacon Chain will also make the 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. exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. (DEX) de Binance pase a ser de código abierto, con lo cual quedará para revisión y consulta por parte de la comunidad interesada.
This change change — a concept relevant to cryptocurrencies that use the UTXO model — is the number of coins sent back to a user after they use their unspent outputs to initiate a transaction. will take place over the next few months, and it is expected that this will bring about greater transparency, as well as enabling the integration of link points with other external networks.
In this regard, the respective document reads:
“Developers can expect greater access to the DEX comparison engine code, which will be free to use and build upon.”
In turn, it is expected that these improvements associated with the BEP-126 optimicen aún más las velocidades de transacciones:
“BEP-126 will implement BLS [Boneh-Lynn-Shacham] based multi-signature systems for peer-to-peer (P2P) channel and certify blocks to quickly finalize the Blockchain network a network refers to all nodes in the operation of a blockchain at any given moment in time. status. The final confirmation in cryptocurrency, a confirmation is a measure of how many blocks have actually passed since a transaction was added to a blockchain. time of transactions will be reduced to as little as two blocks and will provide end users with a smoother cross-chain cross-chain is a technology that enhances the interconnection between blockchain networks by allowing the exchange of information and value. user experience by reducing transaction time.”
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Source: Daily Mail , Bnbchain.com
Version by Angel Di Matteo / DiarioBitcoin
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