BNB Beacon Chain to Shut Down Validators by Mid-November as Part of BNB Chain Fusion

Quick Summary:

BNB Chain has announced the upcoming shutdown of BNB Beacon Chain validators by mid-November as part of its BNB Chain Fusion plan, which aims to integrate Beacon Chain’s functions into BNB Smart Chain (BSC).

This move will streamline the BNB ecosystem by consolidating its infrastructure, but it also requires users to take immediate action.

According to an announcement on the official website, users holding BEP-2 and BEP-8 assets must migrate their tokens to BSC as soon as possible to avoid losing access to their funds.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: BNB Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 15:41:58 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23090637

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

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Publisher ID: #121

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