BNB Chain (BNB) Announces New 2022 Roadmap to Become More Decentralized and Faster

As part of its intention to make the network faster and more decentralized by the end of 2022, BNB Chain (BNB) has issued a new tech roadmap.

BNB Chain | Image: BNB Chain

BNB Chain announced the news on their blog during the company's Revelation Summit, months after Binance Chain and Binance Smart Chain merged to form BNB Chain (BSC).

According to the roadmap, the implementation of BEP-131 will result in increased decentralization of the network. The increased number of validators on the BNB Smart Chain is also expected to boost security and stability.

In the announcement, the business stated:

“This proposal would increase the number of BSC Mainnet validators from 21 to 41, providing more decentralization and incentives for validators to constantly innovate their hardware and infrastructure.”

The BNB Beacon Chain will also open-source the Binance decentralized exchange (DEX) by the second quarter of the year to enhance transparency and multi-chain cooperation, according to the document.

Furthermore, the business stated that developers may expect to gain access to the DEX matching engine code, which will be available for free use and development.

Users can also expect quicker transaction speeds as a result of rules that the BEP-126 will implement by the third quarter of the year.