The developers of the Binance Smart Chain blockchain plan to strengthen the decentralization of validators, develop governance capabilities using the BNB token, and roll out a number of Binance Chain Evolution offerings.
Binance Blockchain Team announced launch of a technical roadmap designed to improve the decentralized network structure, infrastructure capabilities for sidechains, and the potential of decentralized applications (dApps) created by developers to increase productivity and efficiency.
Released at the BNB Chain Revelation Summit, the paper reveals details about the latest version of the Most Valuable Builder program for emerging Web3 software developers.
Some of the more notable roadmap changes include:
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introduction of BNB mainnet application sidechains with META Apes and Metaverse World;
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almost doubling the number of decentralized validators to 41 with the BEP-131 proposal;
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gradual increase in BNB smart chain block capacities to 200 million in the third quarter of 2022 for the sake of speed and cost savings.
BNB Foundation CEO Uri Ferruccio assures that the implementation of the roadmap will support the growth of the BNB network ecosystem:
“These technological advances will bring significant changes to both the developer community and end users. The focus will be on innovation, sustainability, strengthening the governance mechanism of BNB Chain, and significant investment in security.”
In February, Binance Chain and Binance Smart Chain were merged to form BNB Chain, a tiered infrastructure supporting the new ecosystem as well as BNB governance mechanisms. Recently, the American crypto exchange Coinbase, expanding the range of cryptocurrencies offered by joining the platform of popular blockchains, has listed BNB.
Source: Bits
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