BNB Chain is expected to perform a network upgrade at block height 29020050, which is expected to be reached at 5:30 am ET on June 12. The Luban hard fork includes three proposals: BEP-126, BEP-174, and BEP-221, aiming to create a faster and more secure network for users.
Specifically, BEP-126 introduces the “Fast Finality” mechanism, which makes it impossible to reverse a block once it is finalized on the network, which will reduce the possibility of chain reorganization by bad actors. BEP-174 proposes “Cross-chain Relay Management”, which aims to mitigate any potential security issues in the BBSC Bridge. In addition, the proposal will introduce “managers” for relayers selected by on-chain governance. These managers will be responsible for managing the registration of individual relayers so that any relayer can be easily removed or added in potential moments of crisis.
Finally, BEP-221 proposes "CometBFT light block verification," a system that proposes adding a new contract to blockchains that use CometBFT technology. The contract helps verify specific blocks from other CometBFT-compatible blockchains and enables data transfer between these blockchains, such as the storage-focused BNB Greenfield and BNB Chain. (CoinDesk)
