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BNB Chain Announces Scheduled Hard Fork Upgrade for Security Improvements and Bug Fix

BNB Chain has announced a scheduled hard fork upgrade named Zhang Heng, which is expected to occur on July 19 at block height 328,088,888. The upgrade will introduce BEP-255 to improve security by implementing on-chain asset reconciliation on BNB Beacon Chain.

Full node operators need to switch to v0.10.16, but no action is required from BNB holders. BNB Chain is currently the third largest protocol in terms of total value locked, with $3.3 billion, but its TVL has declined by almost 30% since the beginning of this year.

BNB BNB $622.17
-6.28%
security
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