BNB Chain introduces Lorentz Fork while Ethereum ends EOF development

By Umair Joiya - Crypto Writer
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
BNB Chain
Cover illustration/art via BTCRead. Image combines content, which may include AI-generated ideas.

BNB Chain has finalized its highly expected Lorentz mainnet hard fork, a progress that delivers substantial performance enhancement on both BNB Smart Chain (BSC) and its Layer-2 equivalent, OpBNB.

This upgrade marks a notable advancement in blockchain performance, aiming to deliver faster and more efficient transaction processing.

The update lowers BSC block time to 1.5 seconds. OpBNB now operates with 0.5-second block times. The improvements enhance transaction speeds as well as making decentralized applications more responsive.

Developers on BNB Chain call this update a significant victory. Users can expect speedier confirmations as well as a more user-friendly interface. The community is invited to experience these improvements firsthand.

The core devs pointed to increased syncing, more fluent operation, and greater efficiency as areas of significant improvement. The change was greeted by the community, who appreciated BNB Chain’s speed and readability.

At the same time, Ethereum’s roadmap was experiencing turbulence. Developers have stripped the EVM Object Format (EOF) from the coming Fusaka upgrade. The action comes after a fierce internal debate.

EOF was designed to make Ethereum bytecode more standardized, enhancing smart contract execution. Its technicality was a red flag, though. The core devs were worried that it might postpone Fusaka, projected later in 2025.

BNB chain leads with timely updates

However, Tomasz Kajetan Stańczak of the Ethereum Foundation explained that EOF was not included in the May 7th Pectra upgrade at all. He confirmed that the present conflict impacts only Fusaka.

During EOF’s 34th AllCoreDevs call, Tim Beiko confirmed its removal. Three reasons cited by him were a threat to Fusaka’s schedule, uncertain technical implications, and procedural problems. There was a push from some of the developers for a phased rollout, but consensus was disrupted.

Beiko acknowledged that the process was incomplete. He said that while EOF was widely supported, there were doubts raised in the community at large that were never addressed.

Ethereum, meanwhile, will continue to prioritize Fusaka’s other goals, such as PeerDAS, with its promise of enhanced data availability.

While Ethereum reconsiders its approach, BNB Chain takes the lead by having clear aims and punctual deliveries. The contrast in implementation reflects increased divergence in how pioneering blockchains manage significant upgrades.

Share This Article
Crypto Writer
Umair Joiya is a dedicated crypto writer with one year of experience in the dynamic world of digital assets. Passionate about blockchain technology and market trends, he specializes in crafting clear, engaging content that breaks down complex topics for readers of all levels.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *