News

BNB Greenfield Testnet v0.2.4: New Features, Clearer Pricing And Bug Fixes

Key Points:

  • BNB Greenfield Testnet is undergoing a regular maintenance upgrade to v0.2.4.
  • All account balances and stored data will be reset.
  • BNB Chain is seeking a self-host solution for BNB Greenfield Storage Provider.
BNB Greenfield Testnet is upgrading to v0.2.4, resetting all account balances, clearing all stored data, and introducing new features and pricing structure. BNB Chain seeks a self-host solution for BNB Greenfield Storage Provider.

BNB Greenfield Testnet is undergoing a regular maintenance upgrade for the testnet version to v0.2.4 on August 31st, between 6:00 am – and 10:00 am UTC.

All buckets/objects previously stored on Greenfield Testnet will be cleared and won’t be available for query anymore. All account balances will also be reset. As the last reset before mainnet, the key goals involve addressing bugs from previous versions and introducing new features to provide users with a more refined and efficient platform.

After the reset, all tBNB on Greenfield will be cleared, and an airdrop will be executed to reward and incentivize power users. As per the airdrop rules, users will receive the same amount in the airdrop if they hold less than 10 tBNB.

Additionally, the community is introducing new features and significant improvements, including an improved pricing structure and billing calculation by implementing a global storage price, dynamically determined as the median of all storage price settings and updated at regular intervals for accuracy.

The global price will be utilized to determine buckets’ fees, including reading and storing data, resulting in a more transparent and steady pricing model.

The following new features are available:

  • Support storage provider exit.
  • Bucket migration.
  • Support group member expiration.

According to the announcement, BNB Chain is seeking development of a self-host solution for BNB Greenfield Storage Provider that meets the following key features and functions: meets the requirements of SP standard, cost-effectiveness and competitive pricing, solution compliance, and implementation of the PieceStore module based on different object storage or KV storage such as GCS, Azure Blob, Ceph, IPFS, DiskFile, Memory, etc.

The submission deadline is August 31, 2023, and the results announcement date is September 4, 2023.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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