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:
✅ Whitepaper:
✅ Facebook:
✅ Telegram:
✅ Twitter:
===================================================
Credit by leogamdrid
Bitcointalk :
Ethereum address : 0x5Fa3225914C31f75D3394FDdaeb819649f7b7c53
#ethereum #ethereumbeacon #pool #ico #bounty #review
0 Comments