Coindar
Binance Coin has announced that the BNB Smart Chain mainnet is expected to undergo a scheduled hard fork on the 20th of June at 6:05 UTC.
Refer to the official tweet by BNB:
Dear Pundians,
???? Starting from approximately 2024-06-20 06:05 (UTC), BNB Smart Chain mainnet is expected to have a scheduled hard fork.
???? To support this upgrade, Pundi X will temporarily suspend deposits and withdrawals on the BNB Smart Chain (BEP20) from approximately… pic.twitter.com/g43JJ8sEUO
BNB Info
BNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB Chain ecosystem. It’s also employed to participate in token sales hosted on the Binance Launchpad and provide liquidity on Binance Liquid Swap. Furthermore, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms like Travala.com.
As of September 2020, with the launch of the BNB Smart Chain, BNB can exist in three forms: BNB BEP-2 on the BNB Beacon Chain, BNB BEP-20 on the BNB Smart Chain, and BNB ERC-20 on the Ethereum network.
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