BNB Smart Chain Hard Fork Completed - Coinleaks
Current Date:November 7, 2024

BNB Smart Chain Hard Fork Completed

BNB Smart Chain, which was hacked recently, has completed its Hard Fork as part of maintenance and development.

Having suffered a multimillion-dollar network attack, BSC momentarily shut down network operations and diagnosed the problem. Then, with the statements made, it was shared that the network was active again and the problem would be resolved. For the safety of crypto investors and protection of assets, carried out on the BSC network Hard Forksuccessfully completed.

BNB Smart Chain Hard Fork Successful

Popular crypto service provider Binance’s BNB Smart Chain network is back in service. As a result of the maintenance and repair work after the attack, the network switched to the ICS23 specification.

The attack highlighted several shortcomings for the network. Improvements made within the network have been pushed to the community via GitHub. According to the GitHub post, the network has successfully migrated to v1.1.16.

This Hard Fork was a temporary emergency patch to lighten cross-chain infrastructure between Beacon Chain and Smart Chain. This will enable the cross-chain to be reactivated. It stands out as a Hard Fork version for both testnet and mainnet.