BNB Chain is preparing for the Pascal hardfork set for March 20, bringing significant network changes. A key feature is the adoption of the EIP-7702 standard.
Pascal Hardfork and Its Significance
The Pascal hardfork on BNB Chain is scheduled for March 20, marking a significant step forward for the network. The update introduces changes to enhance user experience and provide technical improvements.
EIP-7702 Features: From Gas Abstraction to Wallet Security
EIP-7702 is a standard providing more functional wallets. New features include gas abstraction that allows alternative payment methods and smart contract functionalities to enhance security and control.
Required Updates and Future Improvement Roadmap
All node operators must update their software before the hardfork. Updates are required for validators, operators, and developers as well. The network plans two major future updates: Lorentz and Maxwell, to speed up transaction processing.
The Pascal hardfork will greatly enhance the technical capabilities of BNB Chain. Upcoming updates will continue to support faster and more user-friendly network operations.
