The BNB Chain platform is preparing for a significant upgrade known as Maxwell, which promises to enhance the efficiency and speed of its entire ecosystem.
Goals of the Maxwell Upgrade
The goal of the upgrade is to accelerate transactions, improve user experience, and enhance validator performance. The update will benefit both developers and users of decentralized applications (dApps).
Core Proposals: BEP-524, BEP-563, and BEP-564
The three key proposals included in the upgrade: - BEP-524: speeding up validator communication; - BEP-563: enhancing block synchronization; - BEP-564: refining network responsiveness.
Continuation of Successful Changes After the Lorentz Hard Fork
The Maxwell upgrade builds on the success of the previous Lorentz hard fork, which reduced block time from 3 to 1.5 seconds. This change led to a more than halving of daily blockchain reorganizations and a significant increase in activity on decentralized exchanges (DEX).
The implementation of the Maxwell upgrade is expected to bring positive shifts in the performance of the BNB Chain, allowing users and developers to interact with the network more efficiently.
