BNB Beacon Chain to Undergo Scheduled Barral Hard Fork Upgrade: What You Need to Know
On April 17th, according to the official blog, the BNB Beacon Chain is expected to undergo a scheduled Barral hard fork upgrade at block height of 310182000. Ba
On April 17th, according to the official blog, the BNB Beacon Chain is expected to undergo a scheduled Barral hard fork upgrade at block height of 310182000. Based on the current block generation speed, it is expected that a hard fork will occur on April 21st at 15:00 Beijing time. All node operators on the main network must switch their software version to v0.10.10 before April 21st. In this upgrade, BEP171 will introduce several security enhancements for cross chain bridging between BNB beacon chains and BNB smart chains (BNBSmartChain). In order to further eliminate the widespread impact of potential issues in cross chain modules, BEP171 proposes the following improvements: 1. Upgrade IAVL proof validation to the ICS23 specification. 2. Apply timer locks to massive cross chain fund transfers. 3. Through forged proof detection, cross chain channels can automatically pause. In emergency situations, any verifier can suspend cross chain channels.
The BNB beacon chain is scheduled to undergo a Barral hard fork upgrade on April 21st, introducing several security enhancements across the chain
On April 17th, the BNB Beacon Chain announced in their official blog that they will be undergoing a scheduled Barral hard fork upgrade at block height of 310182000. This upgrade is expected to occur on April 21st at 15:00 Beijing time, based on the current block generation speed. It’s essential for all node operators on the main network to switch their software version to v0.10.10 before April 21st to ensure they stay connected to the network.
What Is a Hard Fork Upgrade?
A hard fork upgrade is when the underlying protocol of a blockchain network changes or is upgraded. All users on the network must upgrade their software to the new version to ensure that they are still connected to the network and can continue to interact with other users.
What Is the Purpose of the BNB Beacon Chain Hard Fork Upgrade?
The upcoming BNB Beacon Chain hard fork upgrade is designed to improve security by introducing several security enhancements for cross-chain bridging between BNB beacon chains and BNB smart chains (BNBSmartChain).
In order to eliminate the widespread impact of potential issues in cross-chain modules, BEP171 proposes the following improvements:
1. Upgrade IAVL Proof Validation to the ICS23 Specification
Firstly, the IAVL proof validation will be upgraded to the ICS23 specification. This upgrade is designed to provide better security for users, by ensuring that the proof is fully authentic and valid before proceeding with any fund transfers.
2. Apply Timer Locks to Massive Cross-Chain Fund Transfers
Secondly, timer locks will be applied to massive cross-chain fund transfers. This improvement will ensure that any fund transfer exceeding a certain threshold is subject to a timer lock, which can be used to pause the transfer in an emergency situation. This will help to prevent the widespread impact of any potential issues in cross-chain modules.
3. Automate Cross-Chain Channels Through Forged Proof Detection
The final proposed improvement is to detect cross-chain channels using forged proof detection. This automated solution will detect any potential issues in cross-chain modules, and in emergency situations, any verifier can suspend cross-chain channels to prevent widespread impact.
How Will the Hard Fork Upgrade Affect Users?
The hard fork upgrade will ensure that the BNB Beacon Chain is more secure for users, by improving the security of cross-chain bridging between BNB Beacon Chains and BNBSmartChain. Users will not experience any significant disruptions or changes to their user experience, as long as they upgrade their software version to v0.10.10 before April 21st.
Conclusion
The upcoming BNB Beacon Chain hard fork upgrade is an essential step towards improving the security of the platform for users. The three proposed improvements will ensure greater security for cross-chain bridging between BNB Beacon Chains and BNBSmartChain. Users must upgrade their software version to v0.10.10 before April 21st to ensure uninterrupted service.
FAQs
#1. What is a hard fork upgrade?
A hard fork upgrade is when the underlying protocol of a blockchain network changes or is upgraded. All users on the network must upgrade their software to the new version to ensure that they are still connected to the network and can continue to interact with other users.
#2. How will the BNB Beacon Chain hard fork upgrade affect users?
The hard fork upgrade will not have any significant disruptions or changes to the user experience, as long as users upgrade their software version to v0.10.10 before April 21st. This upgrade is an essential step towards improving the security of the platform for users.
#3. What are the proposed improvements for the upcoming BNB Beacon Chain hard fork upgrade?
The three major proposed improvements for the upcoming BNB Beacon Chain hard fork upgrade are upgrading the IAVL proof validation to the ICS23 specification, applying timer locks to massive cross-chain fund transfers, and automating cross-chain channels through forged proof detection.
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