BEP-95 (Bruno Hard Fork Upgrade) Definition
BEP-95, also known as the Bruno Hard Fork Upgrade, is an important protocol upgrade to the Binance Smart Chain (BSC) introduced by Binance in November 2021. This upgrade primarily focuses on improving the overall network’s security along with enhancing resource efficiency for BSC’s smart contracts.
BEP-95 (Bruno Hard Fork Upgrade) Key Points
- BEP-95 is an upgrade to the Binance Smart Chain (BSC).
- It was introduced to increase network security and improve resource efficiency.
- The upgrade was named after Bruno Leite, the BSC developer who proposed it.
- This hard fork upgrade does not necessitate a token swap or impact asset holdings.
What Does BEP-95 Entail?
BEP-95, the Bruno Hard Fork Upgrade, provides several critical improvements to BSC’s security and efficiency. This includes the modification of the gas cost calculation method for SLOAD, as well as the addition of a new opcode, termed `BASEFEE`.
Why Was BEP-95 Introduced?
The primary goal for the introduction of BEP-95 was to enhance BSC’s overall security and efficiency, which are integral for BSC’s substantial growth and resilience. Moreover, it was also necessary to maintain BSC’s competitive edge within the landscape of high-performance blockchain networks.
Who Proposed BEP-95?
BEP-95 was proposed by Bruno Leite, a developer for Binance Smart Chain. The upgrade hence carries his namesake and is also known as the Bruno Hard Fork Upgrade.
When Was BEP-95 Introduced?
The Bruno Hard Fork Upgrade, BEP-95, was introduced by Binance in November of 2021. It marked a significant milestone in the evolution of the BSC by bringing important changes to the network.
How Does BEP-95 Impact Users and Developers?
The implications of the Bruno Hard Fork Upgrade are crucial for both users and developers. From a user perspective, the improved security enhances trust in the BSC. For developers, the resource efficiency improvements open up opportunities for more complex and efficient smart contracts. Notably, despite these significant changes, BEP-95 did not necessitate a token swap or have an impact on asset holdings.
