BNB Chain has announced an ambitious upgrade planned for 2026, aimed at significantly increasing performance and introducing privacy features.
Update of BNB Chain and Its Objectives
BNB Chain has outlined plans for a significant upgrade targeting 20,000 transactions per second (TPS). The innovations are expected to create competitive conditions for decentralized finance, challenging centralized exchanges while discussing the integration of new privacy features.
Technical Details and Expected Improvements
As part of the upgrade, the BNB Chain development team intends to enhance data processing speed and embed privacy into the protocol. The block time is expected to drop from 3 seconds to 0.75 seconds, with transaction finality reducing to 1.875 seconds. Following the upgrade, daily transaction volumes could peak at 17.6 million, with nearly $9.3 billion in daily volume.
Impact of Upgrade on the DeFi Market
BNB Chain's upgrades, including the introduction of native privacy features, could significantly affect the decentralized finance ecosystem. Experts believe that lower fees and enhanced security may attract users shifting from other blockchains.
These changes in BNB Chain could substantially modify the decentralized finance landscape, offering users improved conditions and a higher level of privacy while adhering to regulatory norms.