{"id":73638,"date":"2024-03-14T00:45:09","date_gmt":"2024-03-14T04:45:09","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=73638"},"modified":"2024-03-14T00:46:42","modified_gmt":"2024-03-14T04:46:42","slug":"bnb-chain-announces-bep-336-upgrade-modeled-after-ethereum","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bnb-chain-announces-bep-336-upgrade-modeled-after-ethereum\/","title":{"rendered":"BNB Chain Announces BEP 336 Upgrade Modeled After Ethereum"},"content":{"rendered":"\n

BNB Smart Chain<\/a> has unveiled its upcoming major upgrade, BEP 336, inspired by Ethereum's EIP 4844.<\/p>\n\n\n\n

\"BNB
BNB Chain Announces BEP 336 Upgrade Modeled After Ethereum<\/figcaption><\/figure>\n\n\n\n

The BNB chain claims that BEP 336 will greatly reduce transaction costs and improve network efficiency. This discovery comes on the heels of Ethereum's Dencun upgrade becoming live on the mainnet today, a momentous day for the blockchain community<\/a>.<\/p>\n\n\n\n

With the addition of “Blob-Carrying Transactions” (BlobTx), huge data chunks up to 128 KB can now be economically and temporarily stored. This method makes the network's transaction verification procedure simpler. <\/p>\n\n\n\n

BNB Smart Chain (BSC) improves efficiency by confirming data accuracy across blobs instead of transaction by transaction. The layer 2 network<\/a> of the BNB ecosystem, opBNB, particularly benefits from this characteristic.<\/p>\n\n\n\n

\n

\ud83d\ude80 BEP 336: Evolving BNB Smart Chain With Blob Transactions

Introducing BEP 336, a major upgrade set to transform how data is stored & processed on BSC, reducing transaction costs & boosting performance.

Let's dive into BEP 336 & its impact! \ud83c\udf10<\/p>— BNB Chain (@BNBCHAIN) March 13, 2024\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/blockquote>

A precompile contract and a blob market are part of the upgrade. The former controls the cost of storing and transmitting blobs according to network demand, while the latter strengthens security by cross-referencing<\/use><\/svg><\/span><\/a> blob data with transaction references. <\/p>\n\n\n\n

With features like a distinct token burn process and a dynamic gas pricing system for blobs, BEP 336 sets itself apart from Ethereum's EIP 4844, reflecting the particular demands and structure of BSC. BEP 336 will gradually be implemented.<\/p>\n\n\n\n

April will see its testnet debut, and in May, it will enter a Magnet phase for additional testing and optimization. The update will be made available on the BSC mainnet in June through a hard fork.<\/p>\n","protected":false},"excerpt":{"rendered":"

BNB Smart Chain has unveiled its upcoming major upgrade, BEP 336, inspired by Ethereum’s EIP 4844. The BNB chain claims that BEP 336 will greatly reduce transaction costs and improve network efficiency. This discovery comes on the heels of Ethereum’s Dencun upgrade becoming live on the mainnet today, a momentous day for the blockchain community. […]<\/p>\n","protected":false},"author":43,"featured_media":73640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[9566,128],"class_list":["post-73638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bnb-chain-2","tag-ethereum"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/03\/croc_1710389348533.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/73638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=73638"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/73638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/73640"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=73638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=73638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=73638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}