BNB Chain releases optimization plan to address surge in traffic, prioritizing Meme coin transactions

Odaily Planet Daily News: According to official sources, BNB Chain has released its first optimization plan aimed at addressing the surge in traffic. The team observed that during peak traffic periods, many transactions were not included in the block in a timely manner. This means that even if users increase gas fees (transaction fees) to speed up transactions, they may not necessarily receive the priority they expect. Although 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 costs). The current design of BNB Chain prioritizes putting all transactions on chain as soon as possible to minimize the average waiting time in the mempool. This method is applicable to most typical use cases. However, for fast-paced and high-risk Meme coin trading, it is not the best choice as small price fluctuations can have a significant impact. Therefore, the team is refining its strategy to prioritize block value, especially when dealing with 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 brief waiting period before block sealing, as long as there is enough time within the 3-second block window. This will allow validators to collect more bids, increase the chances of including the best bid, and improve overall block construction performance, especially during peak periods of network activity. This change also provides more time for bid collection, which may lead to more efficient block construction. Yesterday, according to Nansen data, BNB Chain surpassed Ethereum in total gas fees over the past 7 days. Nansen CEO Alex Svanevik said, "To my knowledge, this is the first time it has happened in history." CZ commented, "Take it slow, move forward steadily