Beam Chain is set to revolutionize Ethereum’s consensus layer, also known as the Beacon Chain. This crucial component of the network is responsible for processing and recording transactions efficiently.
According to Drake, the Beacon Chain is outdated, with its specifications being finalized five years ago. In the rapidly evolving landscape of blockchain technology, significant advancements have taken place since then.
Beam Chain aims to address these limitations and enhance the performance of Ethereum’s consensus layer. By introducing innovative solutions and leveraging the latest developments in the blockchain space, Beam Chain promises to usher in a new era of efficiency and scalability for the Ethereum network.