Ethereum is set to undergo a major transformation with the upcoming Shanghai upgrade, which promises to introduce two groundbreaking features aimed at improving the network's efficiency and transparency. According to the official information, these enhancements are expected to significantly benefit users and developers alike.
Proposer-Builder Separation (PBS)
The first key feature, enshrined Proposer-Builder Separation (PBS), will enable a more direct interaction between block proposers and builders. This innovation is designed to enhance transparency in the block production process, potentially leading to a more decentralized and fair ecosystem for all participants.
Block-Level Access Lists (BALs)
In addition, the upgrade will implement Block-Level Access Lists (BALs), which will allow blocks to specify in advance the accounts and storage slots they intend to access. This proactive approach is expected to streamline validation processes and significantly reduce gas costs for users, making transactions more efficient. Collectively, these enhancements are anticipated to boost transaction processing speeds and improve the overall performance of the Ethereum network.
Recently, BNB Chain achieved significant milestones in its infrastructure, enhancing its execution environment and user safety. For more details, see the full article here.
