BNB Chain's Focus and Proposals
The Maxwell hardfork involves the BNB Chain core team and BNB Smart Chain stakeholders. Key proposals include BEP-524, BEP-563, and BEP-564, enhancing speed and reliability. "The Maxwell upgrade is powered by three key proposals—BEP-524, BEP-563, and BEP-564—each designed to improve core aspects of the chain’s speed and reliability." - BNB Chain Development Team. They aim to advance BNB Chain's infrastructure significantly. BNB Chain's block time has now been reduced to 0.75 seconds from 1.5 seconds, with gas costs approximately $0.01 per transaction. These enhancements cater to DeFi, gaming, and trading applications.
