Binance Coin to Undergo Hard Fork on April 18th
Binance Coin is set to undergo BSC Feynman hardfork on April 18th at 5:49 am UTC. This hardfork is designed to introduce native staking and governance to the Binance Coin network. The hardfork will affect full node operators, validator operators, and staking delegators.
Refer to the official tweet by BNB:
BNB Chain@BNBCHAINApr 03, 2024🚨BSC Feynman hardfork will happen on April 18, at 5:49 AM UTC to support native staking and governance!🔒🗳ï¸
🔸Full Node Operators
🔸Validator Operators
🔸Staking Delegators
Ensure to complete the actions outlined in the blog below! 📝👇https://t.co/xiqpod5Vx4
BNB Info
BNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB Chain ecosystem. It’s also employed to participate in token sales hosted on the Binance Launchpad and provide liquidity on Binance Liquid Swap. Furthermore, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms like Travala.com.
As of September 2020, with the launch of the BNB Smart Chain, BNB can exist in three forms: BNB BEP-2 on the BNB Beacon Chain, BNB BEP-20 on the BNB Smart Chain, and BNB ERC-20 on the Ethereum network.