This update introduces EIP-7702, a new smart contract wallet feature. Along with optimizations in gas fee abstraction, smart payment interfaces, and batch transactions.
These changes from the BNB Chain are designed to improve Ethereum Virtual Machine (EVM) compatibility and make life easier for developers.
BNB Chain Speeds Up: Faster Transactions & Smoother dApps
The Pascal upgrade is all about making things more efficient. With EIP-7702, smart contract wallets can function more flexibly, improving the way users interact with decentralized applications (dApps). Additionally, optimizations in gas fee abstraction mean users won’t have to sweat over complicated fee structures. Smart payment interfaces and batch transactions further streamline the process, reducing friction and cutting costs.
According to BNB Chain’s official roadmap, more speed-focused upgrades are just around the corner. In April, the Lorentz upgrade will reduce block time to 1.5 seconds, meaning transactions will be confirmed faster than ever. Then in June, the Maxwell upgrade will take things up a notch, shortening block time to just 0.75 seconds. For users and developers, this means quicker transactions, lower latency, and an overall snappier experience.
Source: X
These upgrades are setting the stage for a more efficient and competitive blockchain. With faster block times, dApps running on BNB Chain will benefit from improved performance, making them more appealing to users. Developers will also have an easier time building and deploying smart contracts, thanks to enhanced EVM compatibility.
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