Despite not making much progress dealing with regulations, it is not possible to say the same for Binance‘s blockchain network, Binance Chain. Developments on the Binance Chain network continue at full speed, and the latest added feature is a good example of this. With a new hard fork, BNB Beacon Chain, the network of Binance, will gain a highly controversial feature and the blockchain network will officially be able to be halted. Panic Button for BNB Chain The ZhangHeng update, announced by the BNB Chain team on July 12, could be implemented as early as July 19 according to current data. The aforementioned hard fork will include the Binance Evolution Proposal BEP-255 update and will come with an asset-focused “consensus” feature. Binance believes this could minimize the damage caused by potential attacks on bridges with multiple network support. The Binance Smart Chain experienced a similar situation on October 7, 2022, […]
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