IEO Ethereum Beacon
ETHEREUM BEACON is the main blockchain of the Ethereum 2.0 network, which coordinates hundreds of other blockchains or "fragments". Ethereum Beacon Ethereum 2.0, still recognized by Serenity, is a term used to describe a series of planned updates, while the Ethereum quad chain, which can be explained by the meaning of the quad chain, describes it as a fragile heart that provides the entire system. Its main function is to monitor and control the implementation of the PoS protocol both for itself and for a large number of fragments of chains that guarantee scaling to Ethereum 2.0.
Ethereum Beacon can seamlessly transition from Proof-of-Work to Proof-of-Stake. Although, as you know, Proof-of-Stake does not provide full scalability, but it does provide the necessary infrastructure for the introduction of innovative solutions and applications that help increase transaction processing speed to 1000 transactions per second or even higher. The Ethereum Beacon project will completely solve the bandwidth problem in the Ethereum network without compromising the security of the entire system. To do this, an advanced scalable blockchain is created where the most advanced solutions will be presented including a segmented PoS consensus protocol and an improved virtual Beacon build machine.
The bandwidth of the Ethereum network will rise to a radically new level. A revolutionary transaction verification system will be introduced. The so-called central chain - the PoS key chain, will be responsible for storing and updating the register of validators. In order to become a validator, you must make a certain deposit, which in turn minimizes the risk of incorrect error. The self-key chain will also process its own block consensus and cross-references for validation validation.
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Working Principle
Ethereum Beacon takes network bandwidth to the next level with a revolutionary transaction verification system. The central PoS chain - the key chain - will be responsible for storing and updating the validator register.
To become a validator, users must take out insurance that minimizes the risk of abuse. The key chain will also process block consensus and its own cross-reference - confirmation set by the validator, which allows you to insert segment segments into the key chain.
In short, this will be the basis on which the shear system is built. The combination of internal consensus and intersection, independent verification in each segment and storage system creates a fast, efficient and secure network environment that can easily scale and adapt all types of dApp applications.
Validators will have a stable return on investment in deposits, while the transition to PoS will solve the problem of energy waste and ensure real decentralization, free from the hegemony of agriculture.
You can study this project using the technical documentation suggested in the resources below. What links have I specially prepared for you.
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ACCURATE INFORMATION
- Website: https://ethereum-beacon.com
- Whitepaper: https://ethereum-beacon.com/whitepaper.pdf
- Bitcointalk: https://bitcointalk.org/index.php?topic=5168538
- Telegram: https://t.me/EthereumBeacon
- Twitter: https://twitter.com/BeaconEthereum
- Facebook: https://www.facebook.com/Ethereum-Beacon-2350175261898732
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AUTHOR
Username Profile BTT : Ris88
Wallet ETH : 0x2CF4F93348116B2Ce67Ecb7A9eA57E10Bf0f81A2
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