Binance is bringing Binance Smart Chain (BSC) v1.1.5 Bruno hard fork.
Binance writes:
“This hard fork will introduce a real-time burning mechanism into the economic model of BSC with the aim to introduce a new burning process of BNB, and speed up the full node sync by more than 60%.”
This hard fork will introduce a real-time burning mechanism into the economic model of BSC with the aim to introduce a new burning process of #BNB, and speed up the full node sync by more than 60%.https://t.co/kiVzhPBzZa
— Binance (@binance) November 29, 2021
The Binance Smart Chain (BSC) network upgrade and a hard fork will take place at Binance Smart Chain (BSC) block height of 13,082,000, or at approximately 2021-11-30.
With this news in focus, BNB is gaining some momentum and currently trading at $618.89, up 0.81% for the day, with a 24-hour trading volume of $2,502,093,692 USD.
According to Coinmarketcap data, BNB has a market cap of $103,162,848,761 USD, and 166,801,148 BNB coins in circulation, with a max. supply of 166,801,148 BNB coins.
What is Bruno Upgrade v1.1.5?
According to Binance “With the progressive decentralization of the BSC community, v1.1.5 upgrade is a hard fork release that introduces the real-time burning mechanism into the economic model of BSC with the aim to introduce a new burning process of BNB, and speed up the full node sync by more than 60%. This upgrade will introduce the previously announced BEP-95 with a real-time burning mechanism.”