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Announcing the first sunset upgrade of BNB Beacon Chain Testnet!๐ŸŒ†

โฐHard fork upgrade at
- Block height 50,121,232
- Forecasted to occur on 4th March 2024 at 6:00 UTC

Node runners on testnet must switch their software version to v0.10.17 by 4th Marchโ€ผ๏ธ

https://www.bnbchain.org/en/blog/bnb-beacon-chain-testnet-first-sunset-upgrade-announcement
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โšก BNB CHAIN NEWS IS BACK โšก

Time to catch-up on everything that happened in our ecosystem this past week. โฌ‡๏ธ

๐Ÿ”ธNew projects on BNB Chain
๐Ÿ”ธNews and blog updates
๐Ÿ”ธTech and security updates

https://www.bnbchain.org/en/blog/bnb-chain-news-24th-february-1st-march
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#ICYMI

This past week we published the following blog articles.

1๏ธโƒฃ Meet the Most Valuable Builder (MVB) Season 7 Cohort

MVB continues to be a highly competitive program, with Season 7 receiving over 700 applicants for this latest seasonโ€™s cohort.


2๏ธโƒฃ BNB Chain News (24th February -1st March)

We have recapped the biggest BNB Chain News here.


3๏ธโƒฃ New Projects on BNB Chain (24th Feb - 1st March)

Say hi to Amarna, Cadabra Finance, Catpurr, Gomble Games, Segment Finance, and Werepl.


4๏ธโƒฃ BNB Beacon Chain Testnet First Sunset Upgrade Announcement

The BNB Chain Fusion represents a strategic shift, integrating the Beacon Chain's features into the BSC and phasing out the former.


5๏ธโƒฃ What Is Restaking?

Restaking allows previously staked assets to be staked again on a different platform or program.
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๐Ÿš€ Last call for devs! ๐Ÿ“ฃ Only 1 day left to submit your project at #BNBChainHackathon2024.

๐Ÿ“ https://dorahacks.io/zh/hackathon/bnbchain-hackathon/submission

Here's your checklist:
โœ… Deploy on BNB Greenfield, opBNB, or BNB Smart Chain (BSC)
โœ… Open source for universal access
โœ… Share GitHub, deck, and a short video
โœ… Contracts with 2+ transactions during the hackathon
โœ… New developments only for equal opportunities
โœ… Tweet about your project with #BuildonBNBChain

Don't miss this chance! Submit now and let your innovation shine! โœจ
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๐Ÿš€ Phase 2 of the BNB Chain TVL Incentive Program is here!

Are you a project on BSC looking to take things to the next level? This is your chance!

๐Ÿ—“๏ธ Key Dates:
- Application Epoch: March 5, 2024 โ€“ March 14, 2024, 23:59 UTC
- Competition Epoch: March 15, 2024 โ€“ April 14, 2024, 23:59 UTC
- Winners get 50% sent to their wallet within 2 weeks after each epoch. They must maintain TVL until May 20, 2024, for full reward.

๐Ÿ’ผ Who Can Participate?
- Projects live on BSC mainnet since Jan 1, 2023.
- Completed at least one security audit.
- Submitted application during the application period.

๐Ÿ’ฐPrize Allocation:
Top 5 projects with highest incremental TVL during each event period win prizes from a $160K pool. One project can receive a maximum of $80,000.

๐Ÿ” Submit your application here๐Ÿ‘‰ https://wkf.ms/3UrQxnU

Stay Informed by reading the full announcement ๐Ÿ‘‰ https://www.bnbchain.org/en/blog/bnb-chain-tvl-incentive-program-phase-2-prize-pool-of-up-to-160k-for-bsc-projects

Don't miss out on this opportunity!
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Dive into opBNB's infrastructure tooling! ๐Ÿ”ฅ
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#TBT

Have you checked out our Finality article yet? ๐Ÿค”

Finality is crucial for both security and efficiency, ensuring that once a transaction is confirmed, it's irreversible.

Read here ๐Ÿ‘‡

https://www.bnbchain.org/en/blog/what-is-finality-in-blockchain
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๐Ÿš€ Exciting Update on #BNBChainHackathon2024 Q1!

๐Ÿ“ฅ Registration and submissions are officially closed, with an overwhelming response of 700+ applicants and 178 entries! ๐ŸŽ‰ The reviewing process is underway, followed by a public demo day for outstanding submissions. Stay tuned for the thrilling results!

โœจ Our vibrant participants are mainly from Asia, Africa, Europe, and South America ๐ŸŒ, with a diverse mix of students and founders ๐Ÿ’ก

๐Ÿ™ Thank you all for your incredible participation and diverse contributions! Stay tuned for the next phase.
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opBNB aims to bolster the BNB Chain ecosystem, aligning with the strategic goals outlined in the BNB Chain 2024 outlook.

๐Ÿ’ก It focuses on two key areas: enhancing network performance and transaction finality.

Letโ€™s unveil the high-performance secrets of opBNB ๐Ÿš€


๐ŸŸกEnhanced Network Performance:
opBNB emerges as a competitive Layer 2 solution within the BNB ecosystem, recording a gas limit of 100 million per second. This substantial increase in capacity supports approximately 4600 transactions per second, surpassing Optimism on ETH's TPS of around 700.

๐ŸŸกAccelerated Transaction Finality:
opBNB minimizes transaction confirmation and finalization time โ€“ factors which are crucial for platforms demanding swift confirmations, like high-frequency DeFi and Web3 gaming.

๐ŸŸกopBNB showcases superior capacity with 100 million gas per second, achieving a record-breaking peak of 23 million daily transactions. The tight block creation time frame (1s) necessitates highly efficient operations.

๐ŸŸกopBNB introduces the parallel prefetch L1 block receipts mechanism, boosting operational resilience. This innovation expedites block building processes, ensuring efficiency despite suboptimal L1 performance.

๐ŸŸกopBNB streamlines transaction life cycles, progressing from "unsafe" to "confirmed" in under 20 seconds. Leveraging shorter block times and optimized batch intervals, opBNB ensures swift and secure transaction finality.

๐ŸŸกopBNB strategically enhances the BNB Chain ecosystem, addressing execution bottlenecks and block-building pressures. With innovations like Parallel EVM Re-Architecture and PBSS on the horizon, opBNB sets a new standard for efficiency and user experience in blockchain technology, in line with the BNB Chain 2024 roadmap.

Read our full article to learn more
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๐Ÿš€We are LIVE now with our New Project Launch Show.
Tune in!

๐Ÿ“ https://twitter.com/i/spaces/1BdxYrdbXNAKX
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BNB Chain is home to the best Web3 games and brightest innovators in the space. โœจ

Have you tried all of these awesome Web3 games? ๐ŸŽฎ
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๐ŸŒ Join us at BNB Chain Connect - Hong Kong on April 5th!

๐Ÿ‡ญ๐Ÿ‡ฐ Immerse yourself in networking, insights, and inspiration. Whether you're from Hong Kong or beyond, all are welcome! ๐ŸŒ

๐Ÿ“… Save your spot now! Seats are limited. Register at ๐Ÿ‘‰ https://lu.ma/BNBHK
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Happy International Womenโ€™s Day! ๐ŸŒ
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๐Ÿ””BNB Chain News Alert! ๐Ÿ“ฐ

Dive into our latest weekly roundup below! โฌ‡๏ธ

https://bnbchain.org/en/blog/bnb-chain-news-2nd-march-8th-march
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#ICYMI

This past week we published the following blog articles.

1๏ธโƒฃ Unveiling the High-Performance Secrets of opBNB

opBNB project aims to enhance the BNB Chain ecosystem in line with the strategic goals outlined in the BNB Chain 2024 outlook


2๏ธโƒฃ BNB Chain News (2nd March - 8th March)

We have recapped the biggest BNB Chain News

3๏ธโƒฃ New Projects on BNB Chain (2nd March - 8th March)

Say hi to Cards Ahoy, Whitelist Central, Lumoz, and Project Matthew.


4๏ธโƒฃ Beacon Chain Update: Suspending Atomic Swap Functionality

Please be aware that a significant update to the Beacon Chain is on the horizon, which will impact transaction procedures and certain features.


5๏ธโƒฃ Accelerating and Incubating Project Growth with BNB Chainโ€™s Most Valuable Builder (MVB) Program

BNB Chain aims for widespread Web3 adoption and supports developers through various builder programs, including the Most Valuable Builder (MVB) program, to help turn their ideas into successful projects.
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๐Ÿ“ข Reminder: Don't miss out on the chance to join our TVL Incentive Program.

Submit your application now and dive into a prize pool of up to $160K! ๐Ÿค‘

๐Ÿ“ http://wkf.ms/3UrQxnU
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Join our TG Text AMA tomorrow to read about recent updates and future plans for BNB Chain, and learn how BNB Chain is enhancing the hottest blockchain trends and narratives.

Special guests 0x99Gohan and mesgo_ ๐Ÿคฉ


โฐ 14:30 PM UTC+0
๐Ÿ“… Tuesday, March 12
๐Ÿ“ https://t.me/BNBchaincommunity
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We asked
@qnaweb3's AI to explain points:

"Web projects use points as incentives for actions like liquidity providing to enhance user engagement. Points also reflect user contributions and suggest potential for future rewards such as airdrops."

How would you add to this? ๐Ÿค”
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๐ŸŽฎ BNB Chain Leads the Charge in Blockchain Gaming! ๐Ÿš€

As a frontrunner in the blockchain gaming space, BNB Chain is redefining the future with its tailored infrastructure through its "One BNB" approach that combines BNB Smart Chain (BSC), opBNB, and BNB Greenfield.

Key Highlights:

๐Ÿ”ฅBSC shines as the ideal L1 platform, offering high performance, low costs (<$0.03 gas fees), and a vibrant community of 1-1.5 million DAU.

โšกopBNB stands out as the top L2 platform, boasting 5,000-10,000 TPS, < $0.001 gas fees, and leading with 1.5M to 2M DAU.

๐Ÿงณ BNB Greenfield revolutionizes decentralized storage, making it a powerhouse for heavy data demands in gaming.

Future Outlook:
2024 brings exciting advancements like Parallel EVM Re-Architecture and opBNB Connect for tailored L2 solutions, supporting the unique needs of large-scale gaming Dapps.

Success Stories:
Innovators like GAIMIN, BinaryX, and SkyArk Studio and many more are making waves, supported by BNB Chain's ecosystem.

BNB Chain is your one-stop-shop for creating groundbreaking gaming Dapps, offering scalability, cost-effectiveness, and a thriving community.

Join us in ushering in a new era of interconnected, high-performance gaming experiences! ๐ŸŒโœจ

Read more here:

https://www.bnbchain.org/en/blog/unleashing-the-future-of-gaming-the-power-of-bnb-chain
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