BNB Chain activates Haber hard fork

Full story: https://grafa.com/news/bnb-chain-activates-haber-hard-fork-238072

BNB Chain has implemented the Haber hard fork along with BEP-336, aimed at optimising data storage and processing efficiency on its network.

This update includes the introduction of blob-carrying transactions, inspired by Ethereum's (CRYPTO:ETH) EIP-4844, which streamline verification processes by storing large data chunks more efficiently.

As a result of BEP-336, BNB Smart Chain (BSC) expects a significant reduction in layer-2 costs, lowering network fees to approximately $0.0001 through its opBNB optimistic rollup solution.

Additionally, the upgrade enhances decentralised storage capabilities with BlobHub, benefiting decentralised applications (DApps) and layer-2 networks within the BNB ecosystem.

Despite recent price volatility, BNB (CRYPTO:BNB) recently hit an all-time high of $717.48, underscoring investor optimism amid ongoing network advancements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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