BNB Chain to Undergo Hard Fork on August 25th

BNB Chain will activate the Pasteur hardfork on the BSC main network on August 25th.The upgrade strengthens bridge verification and validator-key handling while increasing space in every block. Node operators need to install version 1.7.7 before activation.Refer to the official tweet by BNB:Pasteur Hardfork lands on BSC mainnet on August 25.Stronger bridge verification, cleaner validator key handling and more room in every block.Node operators are reminded to upgrade to v1.7.7 before activation.Full details 👇BNB InfoBNB 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.