The ZhangHeng Upgrade: Enhancing Security Measures on BNB Chain
The upcoming “ZhangHeng” upgrade on BNB Chain aims to significantly improve security features for users. Scheduled for July 19th, 2023, at 6:00 UTC, this hard fork will bring about a permanent change in the network’s operations through a software upgrade. Here are the key points:
1. Increased Security: The upgrade will implement immediate security measures in response to blockchain exploits, ensuring the safety of user assets.
2. Node Upgrades: Two-thirds of all BNB Chain validators need to upgrade their nodes to process blocks after the upgrade. Validators play a crucial role in maintaining network security.
3. Reconciliation and Error Handling: User balance changes will be carefully tracked and reconciled in each block to identify any issues. In case of a reconciliation error, the blockchain will halt new block production to investigate and protect the chain and its users.
4. Protection Against Bridge Attacks: Bridges facilitate token transfers between different networks but are vulnerable to exploits. The upgrade aims to address vulnerabilities and protect users’ token holdings during bridge attacks.
5. Addressing a Persistent Concern: Network security remains a major concern in the crypto markets, and this upgrade seeks to address and mitigate potential risks.
With the ZhangHeng upgrade, BNB Chain is taking proactive steps to enhance security and protect user assets. By implementing immediate security measures and addressing vulnerabilities, this upgrade demonstrates a commitment to ensuring a safer crypto ecosystem.
By
By
By
By
By