Ethereum Beacon will take network capacity to a new level with the introduction of a revolutionary transaction validation system. The central PoS chain – the Key chain – will be responsible for storing and updating the registry of validators. To become a validator, a user will need to make a security deposit, which will minimize the risk of abusive behaviour. The Key chain will also process its own block-by-block consensus and cross-links – sets of confirmations by validators that allow to insert a shard segment into the Key chain. In short, it will be the foundation on which the sharding system is built.
The combination of internal and cross-shard consensus, independent validation within each shard, and a system of deposits will create a fast, efficient, and secure network environment that can easily scale and accommodate dApps of all types. Validators will earn a stable return on their deposit investment, while the transition to PoS will solve the problem of energy waste and achieve real decentralization – free from the hegemony of mining farms.
➡️➡️➡️Useful links:⬅️⬅️⬅️
✅ Website: https://ethereum-beacon.com/
✅ Whitepaper: https://ethereum-beacon.com/whitepaper.pdf
✅ Facebook: https://www.facebook.com/Ethereum-Beacon-2350175261898732/
✅ Telegram: https://t.me/EthereumBeacon
✅ Twitter: https://twitter.com/BeaconEthereum
✅ ANN Thread: https://bitcointalk.org/index.php?topic=5168538.0/
✅ Bounty Thread: https://bitcointalk.org/index.php?topic=5168539.0
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