BNB Chain developers have announced the mainnet activation schedule for the Lorentz hard fork, set to execute at block height 42,100,000. The upgrade includes BEP-341, which changes transaction priority and aims to reduce gas costs by approximately 20%. Validators and node operators must update their software before the trigger height. The optimization is crucial for retail, DeFi, and other fee-sensitive activities on the network. This hard fork represents ongoing infrastructure improvements with competitive implications.
Lorentz Hard Fork Timeline Set
BNB Chain developers have now put out the mainnet activation schedule for the Lorentz hard fork. It will go live at block height 42,100,000. The upgrade includes BEP-341, a transaction priority tweak meant to cut gas costs for network users by about 20%. Validators and node operators need to finish their software upgrades before that trigger height. No wiggle room.
BEP-341 Upgrade Details
BEP-341 is built to make transaction processing more efficient and bring down costs for users. On BNB Chain, retail activity, trading, gaming, payments, and DeFi transactions are all sensitive to fees, so a drop in gas costs matters. Quite a bit. This hard fork sits within BNB Chain's continuing effort to improve its mainnet infrastructure, and it comes with direct competitive implications. And timely upgrades by validators and node operators are needed to keep activation smooth.
Source: Bitcoinist
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