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BNB Chain News (May 19th-25th)

2023.5.26  •  5 min read
Blog post image.

We’re back with another installment of BNB Chain News – your weekly wrap-up of everything happening in our exciting ecosystem!

This week, BNB Chain announced lots of new projects, which you can check out below. We’ve also included the latest tech progress and news updates from the week. 🔗‍ And don’t forget to check out the list of community events and resources for building in Web3.

We’re always here to support devs to cultivate the most robust ecosystem in Web3!

New projects on BNB Chain 🔥

Check out our blog for a deeper look at the new projects that BNB Chain has onboarded this week across DeFi, SocialFi, Web3 gaming, and beyond.🔥

Tech Updates 💻

  • The Greenfield Testnet successfully upgraded to v0.2.1, known as the Mekong Testnet, on May 25th between 6:00 am - 10:00 am UTC. Notable changes include discontinuation of the Greenfield BSC Testnet (Chain ID: 5601), integration of the ETH-API endpoint with the Tendermint endpoint, and the introduction of new features in the Greenfield v0.2.1 release. For more information please refer to the release note link.
  • The Coming Fast Finality On BSC blog article: The community is introducing FastFinality to enhance the BSC network's user experience, reducing transaction confirmation time significantly. Moving from probabilistic to explicit finality, it is expected to finalize transactions in just 7.5 seconds, compared to the previous 45 seconds, thereby outperforming Bitcoin and Ethereum in finality time. FastFinality is currently being tested since 1 week and, if successful, will be enabled on the mainnet by mid-July.

BSC client dev highlight

  • Github #1648. This enables validator nodes to use bloXroute MEV services, register with MEV relay on restart or epoch change, and process eth_proposedBlock from MEV relays, creating a win-win situation for Searchers, Block builders, and Proposers by capitalizing on arbitrage opportunities.
  • Github #1623. To prevent network congestion and potential P2P attacks, BNBChain introduces an IP limit that restricts the number of connections from a single IP address, ensuring network stability and accessibility for new peers. This limit is customizable through command line or config.toml, and trust nodes remain unrestricted.

Ecosystem Highlights 🌎

  • BNBChain is implementing zkBNB with a secure two-step Multi-Party Computation (MPC) ceremony for private computations and system integrity, partnering with community members. If interested in participating, please comment before month-end. For more information please refer to this forum post link
  • Tech Community Call #4 : BNB Ecosystem is holding a public workshop on May 31st to discuss technical updates, specifically focusing on the Fast Finality mechanism, the Greenfield Mekong Testnet, and BSC's Multi-chain strategy. The workshop will offer deep insights into various topics including validator vote rules, the transition of Greenfield BSC Testnet to BSC Chapel Testnet, and updates on L2 solutions for blockchain scalability.

BNB Chain in the News 📰

🔸BNB Chain Luban Upgrade expected to take place in June

🔸Three crucial upgrades happening on BNB Chain

🔸CARV teams up with BNB Chain for our Zero2Hero Hackathon

🔸BNB Chain Leads in DEX Volume

AvengerDAO Weekly Report ⚔️

AvengerDAO works hard to protect users and developers on BNB Chain!

We've put together a Weekly Report that visualizes their effort to fight back against bad actors in Web3! Join the fight here.

Kickstart Weekly Report ⚡

Take a look at our latest Kickstart Weekly Report!

Check out what xDAO, MoonPay, and Fjord are providing to kickstart your Web3 building journey on BNB Chain. Apply at this link.

Online Campaigns 🌐

We're dedicated to fostering a vibrant community that empowers developers to create innovative solutions that improve the Web3 experience. To achieve this, we are thrilled to announce the BNB Chain Dev Portal.

The Dev Portal invites developers and technology enthusiasts to write articles sharing their educational insights on the complexities of blockchain technology. Want to share your knowledge and experiences with the Web3 community? Submit your article here.

Are you a blockchain developer looking to take your career to the next level? How about a comprehensive program to learn the ins and outs of blockchain programming and entrepreneurship? We’ve got the perfect solution for you: the Zero2Hero Program from BNB Chain!

Community Events and Resources 🙌

Are you building a project on BNB Chain and need funding? 🧐

BNB Chain Builder Grants awards grants or non-financial support to builders and Web3 projects who contribute to the BNB Chain ecosystem.

Apply Now!

At BNB Chain, we're constantly exploring innovative and meaningful ways to support the developer community. To that end, we have negotiated discounts and premium services to provide a set of critical development tools and grouped them into a starter pack called BNB Chain Kickstart that you can use to build, grow and scale your dApps on BNB Chain.

Blockchain is redefining what's possible on the internet. Web3 developers have the power to shape this revolution! BNB Chain invites student hackers, builders, professors and blockchain enthusiasts to join our pioneering University Initiative - an opportunity to learn, create, and own the future of the web.

Apply to be a Student Ambassador here!

Red Alarm🚨- need to get these details

Your security is a top priority!

Make sure to review our weekly Red Alarm list to familiarize yourself with suspicious actors on our network. The Red Alarm list includes Kakausa, USDTMine, DeFi USDT Tech, Ehadk, Pgej, TokenValidator, CryptoMax and more.

Follow us to stay updated on everything BNB Chain!

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