BNB Chain, a leading blockchain platform, has announced a major upgrade scheduled for the second half of 2025. The main goals of this update include increasing transaction speeds and improving user experience.
Details of the Upcoming BNB Chain Upgrade
The upgrade will allow the handling of up to 5,000 decentralized exchange (DEX) trades per second, significantly boosting scalability and the efficiency of decentralized finance (DeFi). BNB Chain aims to support up to 20,000 transactions per second in the future. To meet growing user demand, the block gas limit is set to increase from 100 million to 1 billion.
Maxwell Upgrade and Its Impact
Last month, BNB Smart Chain successfully implemented its Maxwell upgrade, halving average block times from 1.5 seconds to 0.8 seconds. This marks a significant stride in the network's speed and efficiency, enabling faster transactions for DeFi users. The upgrade integrates three proposals — BEP-524, BEP-563, and BEP-564 — to enhance the chain's core reliability and speed.
New Hackathon for Developers
BNB Chain has launched a new open hackathon, encompassing four key areas: Artificial Intelligence (AI), Decentralized Social (DeSoc), Decentralized Science (DeSci), and Decentralized Physical Infrastructure Networks (DePIN). This hackathon is open to developers worldwide, allowing them to build and submit projects at their own pace. The protocol's upgrades and developments aim to support developers and foster the continuous improvement of decentralized applications.
The updates and initiatives from BNB Chain affirm its commitment to development and adaptability in response to the growing interest in decentralized applications and Web3 technologies. The planned upgrade for 2025 is anticipated to be a key step in enhancing performance and user experience.