BNB Chain has successfully tested the Pascal hardfork on its testnet. The upgrade will go live on March 20.
EIP-7702: Features and Technical Impact
EIP-7702 is a technical standard that allows wallets to function like smart contracts, enhancing the capabilities of the BNB Chain.
Key features:
- Gas abstraction: Users can make transactions without directly paying for gas fees. - Smart contract wallets: Offer more control and protection for users. - Batch transactions: Allow multiple actions in a single transaction, reducing overall costs.
Required Updates Before March 20
All BNB Chain node operators must update their software before the hardfork.
- BSC node operators and validators: Update to version 1.5.7 - opBNB operators: Update to versions 0.5.2 or 0.5.6 - Exchanges and infrastructure providers: Test systems with the new version - Developers: Test applications with new transaction types.
BNB Chain Development Roadmap
The Pascal hardfork is part of a broader development plan for BNB Chain, including two major upgrades:
- Lorentz (April 2025): Reduces block times to 1.5 seconds. - Maxwell (June 2025): Further reduces block times to 0.75 seconds.
The Pascal hardfork is a significant step forward for the BNB Chain. It is crucial to update to remain synchronized with the network by March 20.
