BNB Beacon Chain will add a 'panic' feature that can 'shut down' the blockchain

BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improve security.< /p> News Join us on social networks

The BNB Beacon Chain mainnet operated by Binance is about to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “stop” the production of new blocks if certain conditions are met .

In a July 12 statement from BNB Chain, the "ZhangHeng" upgrade is expected to take place at block height 328,088,888, which is expected to take place on July 19.

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The hard fork will introduce Binance's evolution proposal BEP-255, which aims to implement "on-chain asset reconciliation" - which Binance says could mitigate damage from potential bridge exploits cross-chain exploit such as the Binance Smart Chain exploit on October 1. 7 2022.

“Although some enhancements have been made to improve cross-chain security, such as BEP171, the security of assets on the BNB Beacon Chain itself should also be guaranteed, especially after the bridge operation,” according to the Github post regarding BEP -255.

Binance explained that under the BEP, user balance changes will be tracked in each block and reconciled to identify any issues.

"When there are reconciliation errors, the blockchain will panic and stop producing new blocks."

Binance said the action will impact “downstream services such as bridges, deposits and withdrawals on exchanges,” but “the drastic action” is needed to protect the chain and its users .

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