Justin Drake Proposes Beam Chain for Ethereum’s Consensus Layer

Quick Summary:

Ethereum Foundation researcher Justin Drake has introduced a proposal at Devcon for a comprehensive redesign of Ethereum’s consensus layer, termed the "Beam Chain.” Beam Chain combines several advanced upgrades from the Ethereum roadmap, including native zero-knowledge (ZK) proof support and faster finality.

The Ethereum Foundation’s recent moves have added intrigue to the proposal’s timing.

The proposed system is intended to balance scalability with decentralization by limiting the centralization risks linked to faster finalization times.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Consensus Layer2 ETHEREUM Ethereum News ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 13:08:58 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 282 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23556254

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