BNB Chain has successfully tested the Pascal hardfork on its testnet. The upgrade introduces the EIP-7702 standard on March 20.
EIP-7702 Features and Technical Impact
EIP-7702 allows wallets to function as smart contracts, improving user capabilities and network efficiency. Key changes include: Gas abstraction enables transactions without direct gas payment. Smart contract wallets enhance security with features like multi-signature and social login, simplifying blockchain application access. Batch transactions reduce fees and error rates. Improved EVM compatibility facilitates application porting.
Required Updates Before March 20
All BNB Chain nodes need to update before the hardfork. Node operators, validators, and infrastructure providers are urged to upgrade to version 1.5.7 for seamless operations. Required updates include: For BSC operators - version 1.5.7; For opBNB operators - version 0.5.2 or 0.5.6; Exchanges - test systems with the new version and complete updates by March 20.
BNB Chain Development Roadmap
The Pascal hardfork is part of BNB Chain's larger development plan. Upcoming major updates include: Lorentz (April 2025) reducing block time to 1.5 seconds, and Maxwell (June 2025) reducing to 0.75 seconds, enhancing network performance.
The Pascal hardfork represents significant technical progress. With this and future hardforks, BNB Chain focuses on faster, user-friendly network improvements.
