News Report Technology
August 23, 2024

BNB Chain Integrates Parlia Into Erigon 3, Prepares For Mainnet Launch In September

In Brief

BNB Chain unveiled the incorporation of the Parlia consensus protocol into the latest Ethereum client, Erigon 3.

BNB Chain Integrates Parlia Into Erigon 3, Prepares For Mainnet Launch In September

Blockchain ecosystem for Web3, BNB Chain (BSC), unveiled the incorporation of the Parlia consensus protocol into the latest Ethereum client, Erigon 3. This adaptation focuses on enhancing speed and cost-efficiency to better support its decentralized application (dApp) ecosystem.

Parlia integrates aspects of Delegated Proof of Stake (DPoS) and Proof-of-Authority (PoA), facilitating quicker block times as well as reduced transaction costs.

The incorporation of Parlia into Erigon 3 allows the client to meet BSC’s operational needs more effectively. This integration enhances Erigon 3’s performance for individuals operating Archive nodes by merging Parlia’s hybrid consensus mechanism with Erigon’s existing optimized architecture.

The performance metrics from the BSC Testnet show a 50% reduction in disk usage, indicating improved disk footprint efficiency. Additionally, Erigon 3 synced on Chapel in about ten hours, a notable improvement compared to the one-week sync time with the preceding version.

At present, the mainnet is syncing, as the new snapshots are not compatible with Erigon 2. The blockchain’s team aims to launch the mainnet version by the end of September and will maintain its backing for Erigon 2 temporarily to facilitate a streamlined transition.

BNB Chain Unveils $1M Gas Subsidy Program To Boost Ecosystem Innovation

BNB Chain functions as a decentralized ecosystem that relies on community involvement, consisting of several interconnected blockchains. Among these is BSC, which provides Ethereum Virtual Machine (EVM) compatibility and supports a multi-chain setup via Layer 2 solutions such as opBNB. Additionally, the ecosystem includes the BNB Beacon Chain, which handles staking and governance, and BNB Greenfield, a decentralized data storage network designed to improve data security and accessibility within the ecosystem.

Recently, it has introduced a three-month Gas subsidy program, designed to encourage ongoing innovation and development within its ecosystem. Over the course of this program, more than $1 million will be allocated as rewards to developers and projects.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

Top AI Tools For Photo Editing 2025

by Alisa Davidson
October 01, 2025

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
ChatGPT’s Next Phase: AI-Powered Ad Platform To Transform Digital Advertising And Revenue Streams
Opinion Technology
ChatGPT’s Next Phase: AI-Powered Ad Platform To Transform Digital Advertising And Revenue Streams
October 1, 2025
InnoBlock 2025 Concludes With Great Success: Envisioning The Next Chapter Of Web3
Lifestyle News Report Technology
InnoBlock 2025 Concludes With Great Success: Envisioning The Next Chapter Of Web3
October 1, 2025
dYdX Launches Telegram Perps With Pocket Pro Bot And Announces $100K Trading Competition
News Report Technology
dYdX Launches Telegram Perps With Pocket Pro Bot And Announces $100K Trading Competition
October 1, 2025
DeNet Shares Vision For Scaling Decentralized Storage, AI Integration, And The Future Of Data Sovereignty
News Report Technology
DeNet Shares Vision For Scaling Decentralized Storage, AI Integration, And The Future Of Data Sovereignty
October 1, 2025