Binance chain, the blockchain software system developed by Binance and its community, is expected to upgrade the network with a hardfork scheduled on 28 August. According to the company’s announcement on 23 August, fixed line users are expected to switch core software version v0.8.0 before the hardfork.
The decentralized binance network, the main blockchain network of Ethereum, or the Bitcoin network will not be affected by the change. Full node operators in the Binance chain should follow the upgrade instructions to avoid transaction problems and separation, as well as any separation.
![Binance Chain Hard Fork on 28 August 1 Binance Official Announcement](https://s3.cointelegraph.com/storage/uploads/view/605b5660ebbd3a047cf031d39dd502ae.png)
The new version of the binance chain will also fix the issue of distributed betting rewards reported a few days ago. The upgrade is named after evolutionary theorist Charles Darwin, and the Post reported that it is expected to process more than 1.5 million transactions per second, about 1,000 times more than the previous version.
In the Binance Chain Network, almost all full node operators enable the synchronization of the status with other network participants. Once a complete node has joined the Binance chain, it can connect to one or more known nodes to function and connect.
In the Binance Chain Network, almost all full node operators enable the synchronization of the status with other network participants. Once a complete node has joined the Binance chain, it can connect to one or more known nodes to function and connect.
More about upcoming Bitcoin forks can be found at ForkDrop and Forks.net, but not all planned forks are necessarily emerging projects. Today there is a practical page specialized in listing fork lists, and for more information about the upcoming fork, you can view it here.
Binance Chain had previously launched a smart agreement in April this year that allows its developers to develop decentralized apps. The smart chain should not issue new tokens as a block reward, but the rewards would instead match the chain’s transaction fees.