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The developers of the Binance Smart Chain blockchain plan to strengthen the decentralization of validators, develop management capabilities using the BNB token and deploy a number of Binance Chain Evolution offerings.
The blockchain team of crypto exchange Binance announced the launch of a technical roadmap developed to improve the decentralized structure of the network, infrastructure capabilities for sidechains and the potential of decentralized applications (dApps) created by developers to improve productivity and efficiency.
Unveiled at the BNB Chain Revelation Summit, the document reveals details about the latest version of the Most Valuable Builder program for novice Web3 software developers.
Some of the most notable roadmap changes include:
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introduction of sidechain applications of the main BNB network with META Apes and Metaverse World;
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nearly doubling the number of decentralized validators to 41 with the BEP-131 offering;
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a consistent increase in the block capacity of the BNB smartchain to 200 million in the third quarter of 2022 for the sake of speed and cost savings.
Uri Ferruccio, CEO of the BNB Foundation, assures that the implementation of the roadmap will support the growth of the BNB network ecosystem:
“These technological advances will bring significant changes for both the developer community and end users. The focus will be on innovation, sustainability, strengthening BNB Chain’s governance mechanism and significant investments in security.”
In February, Binance Chain and Binance Smart Chain were merged to form BNB Chain, a multi-tier infrastructure supporting the new ecosystem, as well as BNB’s governance mechanisms. Recently, the American crypto exchange Coinbase, expanding the range of cryptocurrencies offered by joining the site of popular blockchains, conducted a listing of BNB.
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