BNB Chain rolls out Fermi Hardfork to boost transaction speed by 40%

BNB Chain developers officially released the much-awaited Fermi Hardfork today, November 3.

The crucial update aims to make the network more responsive and faster.

Notably, it slashes block times from 750 milliseconds to 450 milliseconds, translating to a 40% enhancement in transaction speed.

With version 1.6.2 live, the network will process and confirm transactions much faster.

That promises users a more efficient and streamlined experience when interacting with exchanges, wallets, and decentralized applications (dApps) within the BNB Smart Chain ecosystem.

Fermi Hardfork comes less than a month after the chain adopted an ultra-low gas fee model.

According to today’s official X post:

This upgrade reduces the block interval from 750ms to 450ms, significantly improving transaction efficiency, network throughput, and overall performance. The shorter block time enables faster processing and a smoother user experience.