BNB Chain Team Launches Pascal Update on Mainne

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BNB Chain developers have activated the Pascal hard fork on the main network. The upgrade included the implementation of EIP-7702 from the upcoming Pectra update of the Ethereum blockchain.

The hard fork for the second-largest cryptocurrency network is scheduled for no earlier than the end of April.

A key feature of EIP-7702 is the ability for wallets to temporarily function as smart contracts. This enables gas-free transactions through payments and one-click batch operation approvals, simplifying user interaction with the interface.

Overall, the Pascal update focuses on improving the EVM compatibility of BNB Chain and expanding the capabilities for application developers.

The team also plans hard forks in April (Lorentz) and June (Maxwell), which aim to gradually reduce the inter-block interval to 1.5 and 0.75 seconds, respectively.

It is worth noting that in 2024, BNB Chain’s DeFi ecosystem grew by 58%, with the total value locked in smart contracts reaching $5.5 billion.

In February, the project released its technical roadmap for 2025.