Binance Coin to Undergo OpBNB Lorentz Testnet Hard Fork
Binance Coin has announced that the opBNB Lorentz testnet hardfork will occur on April 2nd, at 03:00 UTC.
The update aims to reduce block times to 0.5 seconds, necessitating that developers building or testing on opBNB ensure their decentralized applications can handle millisecond-level intervals.
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.
