BNB Chain eyes mid-March hard fork to add native smart contract wallets
The Binance Smart Chain (BNB) is set to undergo a major upgrade with the upcoming Pascal hard fork. This hard fork is expected to bring significant improvements to the BNB Chain, particularly in terms of Ethereum compatibility and smart contract wallet functionality.
One of the main goals of the Pascal hard fork is to enhance the compatibility of BNB Chain with Ethereum. This means that developers will be able to easily port their Ethereum-based decentralized applications (DApps) to the BNB Chain, opening up a whole new world of possibilities for the BNB ecosystem. This move is expected to attract more developers and users to the BNB Chain, making it a more robust and versatile platform.
In addition to Ethereum compatibility, the Pascal hard fork will also introduce new features to the BNB Chain’s smart contract wallet functionality. This will allow for more complex and advanced smart contracts to be deployed on the BNB Chain, making it a more attractive option for businesses and enterprises looking to utilize blockchain technology.
The BNB Chain’s Pascal hard fork is a testament to the platform’s commitment to continuous improvement and innovation. By constantly upgrading and enhancing its capabilities, the BNB Chain is positioning itself as a major player in the blockchain industry.
The hard fork is scheduled to take place on February 19th, 2021, and is expected to be a smooth and seamless process. BNB holders do not need to take any action, as the upgrade will be automatically implemented by the BNB Chain’s network validators.
In conclusion, the upcoming Pascal hard fork is an exciting development for the Binance Smart Chain, as it brings with it a host of improvements and new features. With enhanced Ethereum compatibility and smart contract wallet functionality, the BNB Chain is poised to become a leading platform for decentralized applications and blockchain-based solutions.
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