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Ethereum Researcher Justin Drake Introduces 'Beam Chain,' a Total Redesign of the Network's Consensus Layer

It's been over two years since Ethereum's community last rallied behind a big tech event. That event—the so-called Ethereum merge—marked the network's long-awaited shift to a new, more eco-friendly consensus mechanism called "proof-of-stake."The core guts of the Ethereum blockchain have changed little since then. The chain's developers have pushed through a series of upgrades to enable the growth of quick and cheap "layer-2" blockchains, but the Ethereum community has mostly been starved of a single organizing vision—at least one that commanded the level of enthusiasm generated by the Merge.UnmuteFIL Bangkok Livestream 2024 | Partner Content

01:14Record $1.38B U.S. Bitcoin ETF Inflows on Trump Win, Fed Rate Cut02:38'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor01:42Bitcoin Hits New $76K Record High, ETFs Post $620M Inflows02:41Bitcoin's New All-Time High; U.S. BTC Reserve Hopes FlyThat might soon change.

At Ethereum's Devcon conference in Bangkok on Tuesday, Ethereum Foundation researcher Justin Drake revealed his proposal for a major redesign of Ethereum's consensus layer called "Beam Chain."Beam Chain is "a proposed redesign of the consensus layer that incorporates all of the latest and greatest ideas from the Ethereum roadmap," Drake said in a speech at Bangkok's Queen Sirikit National Convention Centre.Drake's Beam Chain vision organizes a series of "big ticket" upgrades to Ethereum's consensus layer into a single package. The changes include adjustments to Ethereum's block production apparatus, as well as how it handles staking and zero-knowledge cryptography.

Drake's presentation was highly anticipated—coming after months of speculation online and in crypto forums that the influential Ethereum researcher, who was instrumental to the 2022 Merge upgrade, was working on something major. Drake delivered his remarks to a packed convention hall, with onlookers spilling out into the hallway outside of the event's main stage.The Beam Chain won't entail any immediate changes to Ethereum, or even anything radically different from what's already on the chain's roadmap. It does, however, propose a major change to how Ethereum's future upgrades are organized.Today, Ethereum upgrades its core code roughly once per year. Drake proposes continuing to make incremental upgrades to the chain each year to address "low-hanging fruit," but then knocking out big changes in one fell swoop a few years from now.

The Beam Chain would focus on Ethereum's consensus layer, also called the Beacon Chain, which is the part of the network that handles how transactions get processed and recorded. "The beacon chain is kind of old," Drake said. "The spec was frozen five years ago, and in those five years so much has happened."Justin Drake's proposed Beam Chain upgrade lumps "big-ticket" items from Ethereum's consensus layer roadmap into a single package. (Ethereum Foundation)According to Drake, the Ethereum developers today have a "much better understanding" of how to adapt to maximal extractable value—strategies used by sophisticated traders to wring extra profit from Ethereum, sometimes at the cost of regular users. The past half-decade has also yielded valuable breakthroughs in zero knowledge technology, said Drake, and the Ethereum blockchain has built up "technical debt" that challenges developers' ability to develop the chain quickly and securely.

Among the focus areas for the Beam Chain will be "faster slots" and "faster finality," meaning ramping the frequency with which blocks are added to the chain, as well as increasing the number of transactions included per-block. This could eventually mean the introduction of single slot finality, where blocks with transaction data can be finalized immediately, meaning that information would become permanent right away and impossible to alter.Currently, it takes about 15 minutes on Ethereum for a block to finalize. By decreasing the finality time, the finalization process would become more efficient for applications or exchanges that have a high transaction throughput. Having that 15 minute delay creates opportunities for MEV to be extracted and raises the risk of reorgs.

However, there are some concerns about centralization with faster finalization times, since there's more computing power needed, with expensive hardware. Developers will need to balance the tradeoff between shortening finalization times and computing power.The Beam Chain also includes a proposal to bake zero-knowledge cryptography deeper into the fiber of Ethereum's base network.Ethereum developers have embraced a roadmap involving layer-2 rollups, which are auxiliary blockchains atop Ethereum where transactions can be executed quickly and at a lower cost, and then settled down to the base chain.

As part of that, rollups have embraced a new type of technology that uses zero-knowledge proofs to help with the scaling of the blockchain. Over the last two years, dozens of ZK rollups have popped up, like Polygon’s zkEVM and Matter Labs zkSync, initially driving a lot of the attention and building to these new blockchains.With Drake’s Beam Chain proposal, support for zero-knowledge proof will be built into the main Ethereum layer-1 chain. It's therefore reasonable to wonder what implications this might hold for the fast-growing field of ZK-powered layer-2 networks.

While the Beam chain would be an ambitious upgrade, Drake said in his talk on Tuesday that he was reluctant to call it "Ethereum 3.0" (people sometimes referred to Ethereum's 2022 Merge upgrade as "Ethereum 2.0.") "The Beam Chain is only about the consensus chain," said Drake, while other research is still being done into Ethereum's execution and data layers—the other core elements of the network that support things like apps and layer-2 data.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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