BNB Chain releases optimization plan to cope with traffic surge, and will prioritize Meme coin transactions
Odaily News According to official news, BNB Chain released its first optimization plan to cope with the surge in traffic. The team observed that during peak traffic periods, many transactions were not included in blocks in a timely manner. This means that even if users increase gas fees (transaction fees) to speed up transactions, they may not get the priority they expect.
While there are many potential contributing factors, a key issue is that validator nodes do not always prioritize blocks with the highest overall value (i.e., the most profitable blocks based on transaction fees).
The current design of BNB Chain prioritizes getting all transactions on-chain as quickly as possible, minimizing the average waiting time in the mempool. This approach works well for most typical use cases. However, it is not optimal for fast-paced, high-risk Meme coin transactions, where small price fluctuations can have significant impacts.
Therefore, the team is refining strategies to prioritize block value, especially when processing critical transactions. In other words, it will give higher priority to transactions that interact with time-sensitive (Meme coin) contracts.
This upgrade will introduce a short waiting period before a block is sealed, as long as there is enough time within the 3-second block window. This will allow validators to collect more bids, increasing the chances of inclusion of the best bid and improving overall block construction performance, especially during periods of peak network activity. This change also provides more time for bid collection, potentially leading to more efficient block construction.
Yesterday, according to Nansen data, BNB Chain surpassed Ethereum in total gas fees in the past 7 days. Nansen CEO Alex Svanevik said, "As far as I know, this is the first time in history." CZ commented: "Take it slow and move forward steadily."
