China News Today Official TheBitTimes.com

BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security. The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new blocks if certain conditions are met. In a July 12 statement from BNB Chain, the “ZhangHeng” upgrade is expected to take place at block height 328,088,888, which it expects will occur on July 19. Important information about our latest upgrade ️https://t.co/4sJkTJbGeZ — BNB Chain (@BNBCHAIN) July 12, 2023 The hard fork will introduce Binance Evolution Proposal BEP-255, which seeks to implement "on-chain asset reconciliation" — which Binance believes could mitigate damage from potential cross-chain bridge exploits such as the Binance Smart Chain exploit on Oct. 7, 2022.  "Although some enhancements have been made to improve cross-chain security, ...

Blur, the non-fungible token (NFT) marketplace, has introduced the second iteration of its platform, tagging two notable improvements. The platform introduced enhancements by has slashed gas fees by 50%. At the same time, they have added trait bidding .  Following this update, individuals who had placed bids on Blur v1 must resubmit them on Blur v2. Blur v2 release According to Blur, the first update introduces trait bidding , allowing traders to earn additional points by placing bids on specific trait s within selected collections.  1/ Blur v2 is live! Two BIG updates: – Trades now use 50% less gas – Trait bidding Select collections earn trait bidding points as well. Learn more pic.twitter.com/Rl2Mx2zbZ0 — Blur (@blur_io) July 5, 2023 This feature aims to enhance the trading experience on the platform. Additionally, Blur has reduced gas fees by 50%, resulting in reduced NFT minting costs, estimated at approximately $16. With the introduction of Blur v...