Maxwell hardfork goes live on BNB Chain mainnet — Here’s what you should know

Main Idea
BNB Chain is launching a significant speed upgrade on June 30, reducing block times to 0.75 seconds to enhance network performance and user experience, particularly in DeFi, GameFi, and NFT trading.
Key Points
1. The upgrade involves three proposals (BEP-524, BEP-563, BEP-564) targeting block time reduction, block cycle enhancement, and node-to-node syncing efficiency.
2. Block times will decrease from 1.5 seconds to 0.75 seconds, following the April Lorentz hardfork which previously reduced them from 3 seconds.
3. The upgrade modifies consensus parameters, doubling epoch length to 1000 and increasing validator turn length to 16 blocks (12 seconds under new timing), with fast finality achievable in under 2 seconds.
4. The changes will require MEV builders and arbitrage searchers to adjust strategies due to sub-second block times.
5. BNB's price rose 1% to $654 at press time, with daily trading volume up 28% and derivatives volume surging 57.5% to $318.5 million in 24 hours.
Description
BNB Chain is set to launch its most aggressive speed upgrade yet. To increase transaction throughput, improve validator performance, and enhance responsiveness, the network will implement the Maxwell hardfork on the mainnet on June 30. This will reduce block times from 1.5 seconds to just 0.75 seconds. Three proposals, BEP-524, BEP-563, and BEP-564, are driving the upgrade. Each focuses on important aspects of network performance. BEP-524 cuts block intervals in half, allowing decentralized appl...
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