BNB Chain plans to increase the number of verifiers from 29 to 100 this year

According to the technology roadmap, BNB Chain plans to make so-called major improvements in performance, scalability, security, decentralization and infrastructure this year. These changes include the upgrading of Web3 applications, the on-chain communication layer that provides real-time technical support for developers and users, and the method of unlocking new privacy use cases from the perspective of regulation and compliance.

Interpretation of this information:

The Binance Chain or BNB Chain, which is an evolving blockchain autonomous network, has created a roadmap for this year. This roadmap outlines major improvements in different areas, including performance, scalability, security, decentralization, and infrastructure. These improvements are meant to make the network more efficient, fast, secure, available, and user-friendly. The areas where these changes are planned include Web3 applications, on-chain communication layer, and privacy use cases.

Web3 applications are the blockchain-based apps that are capable of interacting with distributed peer-to-peer networks. These applications are expected to get a major upgrade in terms of performance, speed, capability, and reliability. The BNB Chain aims to provide real-time technical support for developers and users, which will help them to create better applications with improved functionalities.

The on-chain communication layer is another area where improvements are planned. This layer provides a communication channel between different stakeholders of the network, such as miners, validators, developers, users, and other participants. This layer will be upgraded to support real-time communication and collaboration, which will make the network more efficient, secure, and available.

Finally, the BNB Chain is planning to adopt new methods to unlock new privacy use cases from the perspective of regulation and compliance. This involves enhancing the privacy and security features of the network, while at the same time complying with regulatory requirements and guidelines. This will enable the network to support privacy-focused applications and transactions, while ensuring that the network remains secure and compliant.

In summary, the Binance Chain is planning major improvements in different areas, including performance, scalability, security, decentralization, and infrastructure. These improvements are meant to make the network more efficient, fast, secure, available, and user-friendly. The three main areas where these changes are planned include Web3 applications, on-chain communication layer, and privacy use cases. These improvements will help the network to evolve and grow, while at the same time providing better support for developers and users.