Binance Deploys Pascal To Boost The Performance Of The BNB Chain
This year could very well be fertile ground for a series of hard forks. After Cardano released its Plomin and Ethereum, one way or another, attempted Pectra, it is now Binance’s turn to proudly announce Pascal. A name that evokes more mathematics than finance, but hides a robust update for its blockchain. And this time, the ambition is clear: to accelerate and modernize crypto transactions.
Binance deploys Pascal and brings out the heavy artillery on its BNB Chain
On March 20, Binance launched its Pascal Hard Fork on the BNB Smart Chain. Behind this name worthy of a physics teacher lies a major update, designed to transform the use cases for both developers and traders. With the goal of: more speed, lower fees, and better compatibility with the Ethereum universe.
In short, a heart surgery operation on the crypto exchange to compete with the best.
The core of the project? The integration of EIP-7702, an improvement proposal from Ethereum that has just come out of the oven. This allows smart wallets to temporarily act like smart contracts. The result?
- Transactions without gas (a waking dream for small holders).
- Grouped approvals in a single click.
- A reimagined user experience to entice even grandma, who swears by the Livret A.
- Increased flexibility for dApps, which will be able to juggle with flows more easily.
But beware, all node operators and crypto exchanges had to update their systems, or risk a sudden disconnection. Binance, far from doing things halfway, also published a detailed guide and emphasized the date:
If you haven’t updated before March 20 at 02:10 UTC, your node is in the west.
In short, serious matters.
One question remains: with this EVM compatibility, is Binance openly eyeing Ethereum’s territory?
The race for speed: towards a future without friction in crypto transactions
Pascal is not an end, but a beginning. A strategic shift. Binance has already announced the next phase of the program with two upcoming updates that sound like science fiction titles: Lorentz and Maxwell. And here, hang on: we’re talking about blocks processed in 1.5 then 0.75 seconds.
Needless to say, the crypto market won’t even have time to blink.
According to CZ’s parody, “BNB Chain has a head start in performance – stay tuned!” One must say that at this speed, even Flash would have trouble keeping up.
Behind the scenes, investors are already scrutinizing the effects of these announcements on the BNB price. According to Coin Signals, the Pascal update could trigger a rise of 10 to 20%. Enough to make competing altcoins tremble.
But deep down, is Binance not aiming to become the transactional reference, the Swisscom of digital assets? Lower fees, higher speed, better ergonomics. The bet is there. And traders as well as developers might well follow suit, especially if the blockchain continues to stay the course.
Is this the beginning of an era where every crypto interaction would be smooth, invisible, almost magical? The crypto market dreams of it. Binance executes it. Now, it remains to be seen who will dare to keep pace.
While Binance rushes ahead, Ethereum remains on standby. The Pectra update has ultimately been postponed, without pressure: no forced date, but contours that are starting to take shape…
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.