Coinspeaker
BNB Chain Successfully Completes BEP 336 Upgrade Inspired by Ethereum
This upgrade, inspired by Ethereum is designed to significantly enhance the network’s performance, security, and functionality. In a blog post on June 20, BNB Chain announced that the BEP 336 upgrade is now live on the mainnet, marking a major milestone in the blockchain’s development. The hard fork was initially rolled out on the testnet in April this year.
Key Features of the BSC Upgrade
The network said it drew inspiration from Ethereum’s EIP 4844, which was introduced earlier this year through the Dencun upgrade, to improve the overall performance of the network.
In an accompanying announcement on X, the protocol said that users can now enjoy reduced gas fees and other enhancements that came with the upgrade. Transaction fees for all Binance Smart Chain (BSC) contracts have now been slashed by up to 90%.
The upgrade also introduced a new feature into the BNB Chain called “Blob
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