Published May 31, 20221 min read

Increasing validator decentralisation, establishing BNB token governance, and implementing Binance Chain Evolution Proposals are top priorities

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CoinMooner Team
artwork image for: BNB Chain Presents a One-Year Technological Plan for Ecosystem Development

The paper also disclosed the most recent version of the Most Valuable Builder incubator programme for prospective Web3 software developers, which was announced at the BNB Chain Revelation Summit.

Binance Chain and Binance Smart Chain were united in February of this year to become BNB Chain, a multi-chain infrastructure layer that supports the new ecosystem and BNB governance mechanisms.

Uri Ferruccio, executive director of the BNB Foundation, assessed how the adoption of the plan might help the expansion of the BNB Chain ecosystem, stating:

These technological advancements are significant as they will bring substantial changes for both the developer community and end users [...] The emphasis will be on innovation, sustainability, strengthening the governance mechanism of BNB Chain, and investing heavily in security.

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The introduction of mainnet BNB Application Sidechains with META Apes and Metaverse World, the near-doubling of the number of decentralised validators to 41 via the BEP-131 proposal, and the incremental increase of the Block Gas Capacity of the BNB Smart Chain to 200 million in Q3 to improve cost and speed efficiencies are among the most notable developments of the roadmap.

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