Major June Blockchain Update Unveiled! 🚀
June Blockchain Update brings Bitcoin Core v30, EIP-7782, Solana async execution, xStocks, BNB Chain speed boost!
- Bitcoin Core v30 expands OP_RETURN to 4 MB for richer on‑chain data.
- Ethereum and BNB Chain slash block times, enabling near‑real‑time transactions.
- Solana’s async execution and Kraken’s xStocks mark innovation in scalability and tokenization.
Bitcoin Core v30 raises the OP_RETURN limit to 4 MB, up from just a few hundred bytes. This allows developers and users to embed richer metadata—such as documents, notarized records, or complex data blobs—directly onto the Bitcoin blockchain. Expect new use cases in digital identity, secure messaging, and decentralized applications.
⏱️ Faster Blocks on Ethereum & BNB Chain
Ethereum’s proposed EIP‑7782 targets reducing block times from 12 seconds to 6 seconds, boosting transaction throughput and user responsiveness. Meanwhile, the BNB Chain has already upgraded, cutting its block time to 0.75 seconds—a game‑changer for high‑speed DeFi, gaming, and real‑time dApps.
⚙️ Solana’s Asynchronous Execution
Solana introduces asynchronous execution, enabling non‑blocking transaction processing. By letting smart contracts and transactions execute in parallel without waiting on each other, throughput significantly increases while avoiding performance bottlenecks.
🏦 Kraken Launches xStocks
Kraken debuts xStocks, tokenized equities representing real‑world company shares on-chain. Investors can now trade fractional equity tokens—bringing stock market access to crypto wallets. This bridges traditional finance and DeFi, opening new paths for liquidity and access.
Why These Upgrades Matter
- Scalability & Speed: Faster block times and parallel execution make blockchain apps more competitive with centralized systems.
- Innovation in Data: Larger on‑chain metadata via Bitcoin enhances use cases like verifiable credentials and decentralized storage.
- Bridging TradFi & DeFi: xStocks bring familiar assets to crypto-native users, fueling mainstream adoption.
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- BlackRock’s IBIT Leads Bitcoin ETF Outflows in November
