BNB Chain has completed testing the Pascal hardfork on its testnet. Going live on March 20, the update implements EIP-7702 standard, enhancing wallet functionalities and security for users and developers.
EIP-7702: Features and Technical Impact
EIP-7702 standard enables wallets to function like smart contracts, allowing users to utilize applications without deep understanding of blockchain complexities. Improvements include gas abstraction, enhanced security, simplified access, batch transactions, and reduced fees.
Required Updates Before March 20
All BNB Chain node operators must update their software before the hardfork. It's recommended to install the latest software version and test system compatibility, especially for node operators, validators, and exchanges.
BNB Chain Development Roadmap
The Pascal hardfork is part of a broader BNB Chain development plan. Two major upgrades are scheduled: the Lorentz and Maxwell hardforks in 2025, aiming to further enhance network performance.
The Pascal hardfork represents a significant technical advancement for BNB Chain, implementing improvements in user experience, security, and wallet functionality. The update will go live on March 20, 2025, and all network participants should update their systems to remain in sync with the network.