Implementation of BNB Chain brings up to 90% more efficiency to the RACA ecosystem

RACA3
2 min readJul 1, 2024

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BNB Chain has successfully activated the Hardfork Haber BEP 336. This upgrade introduces blob transactions, drastically reducing gas fees by up to 90% and BNB Chain’s data storage and processing optimization capacity. This implementation will generate great benefits for the RACA ecosystem by making it cheaper to transact and create smart contracts for the products and services we are developing.

The implementation of BEP 336 will reduce L2 costs on the BNB Chain Smart Chain (BSC) by 90% compared to current levels. For example, opBNB, which already has some of the lowest transaction costs in the industry, will see additional reductions to approximately $0.0001, benefiting L2s operating on the BSC.

The update brings “Blob Transactions” (BlobTx) to the network. A blob is a temporary, cost-effective memory segment capable of capturing large chunks of data, up to 128 KB each. Instead of verifying each transaction within a block individually, the network only needs to verify the data within the attached blob.

The temporary storage mechanism ensures a lean and bloat-free blockchain, improving overall network performance. Lower costs and improved efficiency make the BNB Chain ecosystem more accessible, benefiting both experienced developers like the RACA ecosystem and newcomers starting to build applications on the blockchain.

Thus, the RACA ecosystem gains more efficiency, which translates into more robust, cheaper and faster applications for users.

Supported by DWF Labs, OKX Blockdream Ventures, and the Tachyon accelerator by Consensys Mesh, RACA serves as a web 3.0 infrastructure solution provider. Initially launched as a bidding token with the Maye Musk NFT, RACA has evolved into a robust web3.0 gaming ecosystem!

RACA, the USM native token, serves as a Crypto ‘dApp Store’ of AI Apps and Games, initiated by the ‘Elon Musk’s Mother & Koda NFT’ community

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