Crypto

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

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According to Drake, the Beacon Chain is outdated, with its specifications being finalized five years ago.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.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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