BNB Chain Will Upgrade Haber Hard Fork on opBNB Mainnet!

Bittime - BNB Chain will upgrade the Haber hard fork on opBNB mainnet. This upgrade will introduce the secp256r1 curve pre-compilation, which is an important cryptographic algorithm for various blockchain applications.

Benefits of Haber Hard Fork Upgrade

The Haber Hard Fork upgrade brings several benefits to opBNB users, including:

• Improved Security: Pre-compiling the secp256r1 curve will improve the security of blockchain applications that use this algorithm.
• Performance Improvement: Pre-compiling secp256r1 curves can improve the performance of blockchain applications by reducing computing time and costs.
• Better Compatibility: Pre-compiling the secp256r1 curve will improve opBNB's compatibility with other blockchain applications that use this algorithm.

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Preparation for Haber Hard Fork Upgrade

To ensure a smooth Haber hard fork upgrade, opBNB users need to update opBNB nodes to version v0.4.2 before June 20, 2024, 15:00 WIB. Users can find instructions on how to update their opBNB nodes on the official BNB Chain website.

Meanwhile, the Haber Hard Fork upgrade will not have a direct impact on opBNB user balances or assets. However, users may experience slight service interruptions during the upgrade.

What is BNB Chain?

BNB Chain is a blockchain ecosystem developed by Binance, one of the largest crypto asset exchanges in the world. This ecosystem consists of two main blockchains, BNB Smart Chain (BSC) and opBNB.

• BNB Smart Chain (BSC): A secure and decentralized Layer 1 blockchain with low gas fees. BSC has become a popular platform for various DeFi applications, such as PancakeSwap and Venus.
• opBNB: Layer 2 solution built on top of BSC. opBNB offers higher scalability and lower gas fees compared to BSC.

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How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.