In a recent Ask-Me-Anything , the CEO of , Changpeng Zhao, updated the crypto and investor communities surrounding the exchange and its projects. Of particular interest, was his answer regarding the launch of the Chain network.
During the livestream, he informed that the Chain testnet will become available in the coming weeks. CZ has since confirmed this via tweet by stating the public testing of the testnet will become available on the 20th of February. The tweet making the announcement can be found below.
Finally got a date. Targeting to release Chain testnet () for public testing on Feb 20th. This is a testnet, your feedback would be most valuable.
— CZ (@cz_binance)
With respect to the number of validators on the Chain, CZ, had this to say during the livestream.
I think for the testnet right now we elected to run eleven test nodes. I think any numbers is fine. The number of validators in our network will be small mainly for performance reasons. So it will not be as big as the network with thousands of nodes. It is going to be more like NEO…or even …smaller number of nodes and each node will be rather large.
No Smart Contracts on Binance Chain
Also during the Livestream, Changpeng Zhao clarified how the Chain will work without smart contract functionality.
In the Chain, there is no smart contracts. We just have an interface for you to issue a then you can trade it.
Chain is a very simple chain in terms of application but it can handle very large loads. It is our opinion that the load is more important than features…
BNB Surpasses All-Time-High Against bitcoin (BTC)
To not,e is that the ongoing bear market is still in full swing. However, Coin (BNB) recently reached a milestone when it achieved a new All-Time-High when paired with . BNB exhibited a new peak at 0.0026991 compared to its last All-time-high of 0.002655 from June, 2018.
What are your thoughts on the recent developments at the exchange? Will 2019 be a good year for BNB and ? Please share your ideas in the comment section below.
[Image courtesy of Unsplash.com]
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of World News or any of its other writers. Please carry out your own research before investing in any of the numerous available. Thank you.
Published at Tue, 12 Feb 2019 07:10:42 +0000
