Ethereum’s beacon chain went stay as scheduled on Dec. 1, marking the first step for the community in its bid to pass to the proof-of-stake based totally Ethereum 2.0.
● The beacon chain will run parallel to the modern-day Ethereum 1.0 chain, and units the basis for sharding and zkRollups implementation
● The contemporary utility of the chain is very limited, if truth be told functioning as a storing and managing mechanism for a registry of validators -- native transaction processing will arrive in segment two of the transition
● The credit contract went stay on Nov .4, achieving its threshold fee on Nov. 23
● Vitalik Buterin additionally contributed to the contract, including 3200 ETH
● The enhancements for ETH two will all arrive in a phased manner with the aid of 2022; Buterin distinctive the quick and medium time period improvement roadmap, with mild customer guide to be the first to arrive