Binance Smart Chain (BSC) testnet is set to undergo a significant upgrade, implementing the Fermi hard fork on November 10th (UTC). Reported by U.Today, this upgrade aims to reduce the block generation interval by 40%, leading to faster transaction processing times. Reduced Block Time for Enhanced Efficiency The primary goal of the Fermi hard fork is to enhance the overall performance of the BSC testnet. By shortening the block time, the network can process transactions more quickly and efficiently. This improvement is crucial for decentralized applications (dApps) and users relying on BSC for fast and reliable transactions. Future Mainnet Upgrade While the testnet upgrade is scheduled for November 10th, the date for the mainnet upgrade is yet to be announced. The successful implementation of the Fermi hard fork on the testnet will pave the way for its eventual deployment on the BSC mainnet. This upcoming mainnet upgrade promises to bring significant performance improvements to the entire BSC ecosystem. ```