Binance Coin to Undergo Serenget Hard Fork on April 18th
Binance Coin is set to undergo a significant update with the upcoming BNB Greenfield’s Serengeti hard fork. The testnet for this hardfork is scheduled to go live on April 18th, at 7 AM UTC. Following the testnet, the mainnet is expected to be launched on April 29th at 7 AM UTC.
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.
@bnbchain
🔸Testnet: apr 18, 7am UTC
🔸Mainnet: Apr 29, 7AM UTC
Learn more below! 👇
https://www.bnbchain.org/en/blog/bnb-greenfield-serengeti-hardfork