Ethereum’s ‘Beam Chain’ Proposal Aims to Revolutionize Consensus Layer—Impact on ETH?

Ethereum’s “Beam Chain” proposal introduces zk-SNARKs for faster block production, lower validator requirements, and improved scalability, advancing Ethereum toward a “ZK era.” Amid the Beam Chain announcement, Ethereum’s price is on track for potential all-time highs, with predictions of ETH reaching $10,000, fueled by strong market momentum and investor confidence. “Beam Chain” is a newly…

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Ethereum’s Beam Chain proposal promises streamlined staking and enhanced security

Ethereum Foundation researcher Justin Drake has introduced a transformative proposal for a new consensus layer upgrade called the “Beam Chain” during his Nov. 12 presentation at DevCon in Bangkok. The Beam Chain is a complete overhaul of Ethereum’s consensus layer, which would move the blockchain network closer to its final architecture. Drake pointed out that…

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