BNB Beacon Chain Announces Merger Plan Roadmap

2024-01-12 08:41:58
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ChainCatcher news, according to official sources, the BNB Beacon Chain has announced a milestone plan for the next six months aimed at facilitating a smooth transition for the BNB Chain community.

  • January: Notify all validators and staking pools about the deactivation of staking features; bind BEP2/BEP8 assets to the BNB Smart Chain (BSC); integrate with different wallets to support cross-chain withdrawals of BEP2/BEP8 assets; centralized exchanges, especially Binance, and wallets like Trust Wallet are advised to stop transferring assets to the Beacon Chain.
  • February: Bridge services will disable atomic swap functionality before April.
  • April: Fully migrate all validators to BSC; all validators must transfer their voting rights.
  • May: Recommend users and delegators to verify their automatic refund balances; generate balance backups and publish them for community verification to enhance transparency and trust.
  • June: Release a token migration application to help users retrieve funds still left on the Beacon Chain.

Previously reported, the BNB Chain community launched BEP333: BNB Chain Fusion, a proposal to gradually remove the BNB Beacon Chain from its ecosystem. The focus of this proposal is to improve the efficiency of balancing BSC's development, strengthen security, and enhance asset utilization efficiency.

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