June 26 at 07:00 UTC in the Binance Chain test network at block 24 020 000 a planned hard forks took place in order to activate the Galileo update. Upgrade the main network will take place in a few weeks.
BNB holders are not required to take any action in connection with the hard forks unless they receive instructions from exchanges or wallets that work with tokens.
The updated network provides for the possibility of delisting trading pairs with low trading volumes on the Binance DEX exchange. Relevant proposals can be made by validators and are accepted during the voting.
In addition, projects can now block part of their own tokens for a certain period, for example, to secure any assets.
The client implements the function of signing all types of transactions without an active connection to the network. Such transactions can then be transferred to the network using another device.
Also, the upgrade has touched the network synchronization mechanism, the bid matching engine and the consensus algorithm.
Recall the launch of the main network Binance Chain was held in April .
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