The post BNB Chain has completed the Pascal hard fork, awaiting the Lorentz upgrade in April appeared on BitcoinEthereumNews.com.

BNB Chain has completed the Pascal Hardfork, an upgrade designed to boost transaction efficiency and improve its compatibility with the Ethereum Virtual Machine (EVM). Now on to other upgrades scheduled for April and June.  The Pascal Hardfork is a big step forward for the network, making it one of the first to use this important EVM improvement. The successful update now integrates Ethereum Improvement Proposal (EIP) 7702, enabling advanced functionalities such as gas abstraction, smart contract wallets, and batch transactions. This will finally eliminate the long-resented need to sign two transactions, one for approval and one for swap, in order to make an Ethereum transaction. It also makes “social recovery, native multi-sigs, and all sorts of other features possible, which allows users to gain a huge amount of new value and experiences. Sounds familiar? Well, You’ve probably heard of smart accounts. They were already launched on Ethereum in a blaze of glory with ERC-4337 back in early 2023. However, that was a bit of a workaround to avoid a hard fork and required users to go through the painful process of starting up a new wallet. This one is better. The update should also make it easier for new users to get started and give dApp makers more freedom. The next step is to establish a faster network The blockchain-backed by Binance has told node owners, validators, exchanges, and infrastructure providers to update their systems in time for the upgrade. If they don’t get this update, nodes could get out of sync after the hard fork. While this is happening, crypto platforms and infrastructure providers need to ensure compatibility, and developers need to ensure their dApps work with the new transaction structure. Besides Pascal, BNB Chain is planning to make more changes in the near future. In April 2025, the…

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Filed under: News - @ March 21, 2025 2:27 pm