The same of the same? It is the turn of the Bnb chain of Binance to adapt to the waves of humorous cryptocurrencies. All against a background of controversy concerning Changpeng Zhao, the ex-CEO of the company.
The BSC wants to prioritize the same compared to other transactions
A few days ago, a falsely naive Changpeng Zhao asked how to create a same. The maneuver of the ex-CEO of Binance led to important transaction volumes on the BNB Smart Chain (BSC). The same was indeed created in the image of the dog of “CZ”, broccoli.
In total, Transaction costs applying to the BSC increased by more than 400 % in a weekaccording to data shared by The Block. 15 million dollars of “Gas Fees” were thus generated, a financial windfall which often accompanies the interest for humorous cryptocurrencies.
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But this leads to strong slowdowns on the network, with priority transactions which are not treated in a sufficiently rapid manneraccording to the BNB Chain:
“”[Cette congestion] Melled that even users who had increased their transaction costs to accelerate the management of their transactions did not obtain the priority they deserved.»»
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A new solution to streamline traffic on the BSC
The BNB Chain therefore confirms that the rules change for the BSC. This introduces a short waiting period before a block is locked, in order to promote transactions considered to be urgent.
“”We refine our strategy to prioritize the value of the blocks, especially when it comes to critical transactions. In other words, we will give greater priority to transactions that interact with contracts subject to time constraints (the same).»»
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Will the Emecoins of the BSC lasts? The costs experienced an explosive increase, But the same is notoriously fickle. Changpeng Zhao, the former CEO of Binance, seems in any case wanting to continue to accompany the movement, despite an injunction of justice which prevents him from occupying an official role in an cryptocurrency company.
This weekend, he welcomed the BSC updates, and claimed that “New things were in preparation “. The ex-boss of the world's largest exchange therefore seems to have a hard time leaving him behind.
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Source: BNB Chain
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Journalist at Cryptoast since 2017, I have been passionate about the challenges of decentralization, privacy and regulation. I specialized in the economy and traditional finance by analyzing how the news in this sector influence that of cryptocurrencies, thus offering a unique and enlightened perspective to cryptoast readers.
Marine Debellor
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