BNB Chain is expected to undergo a scheduled hard fork upgrade at block height 13,082,000. The current block generation speed forecasts this to occur around November 30 at 08:00 AM UTC.
Validators and full node operators on the mainnet are recommended to upgrade their software to version v1.1.5 by November 30.
BNB Chain became one of the most active blockchains with more than 2 million daily active addresses and with a peak of 14 million transactions processed in 24 hours (ATH from Nov 17). This unexpected growth tested the limits of the network and we acknowledge that there are existing challenges on the full node synchronization.
With the progressive decentralization of the BNB Chain community, v1.1.5 upgrade is a hard fork release that introduces the real-time burning mechanism into the economic model of BNB Chain with the aim to introduce a new burning process of BNB, and speed up the full node sync by more than 60%.
This upgrade will introduce the previously announced BEP-95 with a real-time burning mechanism.
Logic changes will occur at the block height of 13,082,000. After the activation of this upgrade, the blockchain will be able to handle a series of new features and eliminate existing bugs.
This upgrade has no effect on the regular BNB Chain users and developers, other than the introduction of the real-time burning mechanism. This upgrade requires the attention of full node operators (validators).
This is a groundbreaking release and we strongly encourage you to switch to v1.1.5. The instructions below should be completed before the hard fork.
If you cannot upgrade your software, you cannot sync with the upgraded BNB Chain peer/validator nodes. You will not be able to connect or send transactions.
The burning of gas fees will speed up the burning process of BNB, which will make BNB Chain more decentralized and improve the intrinsic value of BNB in the long run.
It includes two parts:
The diffsync protocol in this release is rolled out as a stable feature. Diff sync improves the syncing speed by approximately 60%～70% according to test. All full nodes are encourage to enable it by adding --diffsync in the starting command. Refer to BEP93 for more details.
Continuous integration flow is improved on UnitTest, IntegrationTest and Build Tests. For further details refer to PR #473.
Forks are used in the blockchain network to introduce new software changes (upgrades) to the network protocol. These are of two types – soft and hard fork. While soft forks are for tightening the rules, backward compatible, and old nodes that don’t upgrade are still allowed to accept new blocks, a hard fork is its opposite. Hard forks are for expanding the rules, are not backward compatible, and old nodes that do not upgrade cannot accept new blocks. In the BNB Chain ecosystem, to continue making blocks a hard fork requires +1/2 validators to successfully upgrade to the new release. Any existing full node in the network that doesn’t upgrade to the hard fork release, after the hard fork block height cannot receive and execute further blocks.
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