Ethereum Beacon aims to become a global computer for the next generation of decentralization applications. To this end, we are creating a new highly scalable blockchain that will introduce a number of complex solutions, including sharding solutions based on consensus PoS verification protocols and an improved Beacon assembly. This project will solve the problems of the Ethereum broadband network, which are delayed without compromising security.
ETHEREUM BEACON, as mentioned earlier, controls the texture of PoS both within itself and on the main chains of fragments. Unlike PoW, there is no rivalry over block exploration, and therefore block creators are inadvertently selected from the Beacon Chain to perform hashing. This may be considered central to the entire PoS system, so in the absence of a true accident there is a risk of crime or centralization.
Such an advanced combination of internal and cross-segment consensus independent validation creates a fast, efficient and secure network environment that can easily scale and combine all types of applications. In what way, validators will receive an effective return on their investments, and the transition to PoS will solve the problems of energy waste and achieve real decentralization, which will be free from the dependence of mining farms.
Principle of operation
Thus, the Beacon blockchain will exist in parallel with the Ethereum blockchain. Due to the rating mechanism, it is likely to have a level much lower than 25 percent. Thus, some signs of blocks have pointers that point to the main blockchain. Later Beacon blocks indicate later blocks in the Ethereum main blockchain. Therefore, there is a strict rule of consensus. Thus, the link to the main blockchain of the child element must be either the same or a descendant of the link to the main blockchain of the ancestor. When you process a later block, it will be part of the agreed rules that you must follow as well.
This way, the person who made the deposit earlier will ultimately add himself to the pending validator set, which is stored in more late block. Inside Beacon, you have several sets of validators. Thus, in the current set, you have an active validator, a pending validator and an installed validator. Thus, if you make a deposit, you will be combined into a pending validator set.
The goals of the Ethereum Beacon:
You can study this project using the technical documentation proposed in the resources listed below. Which links, I have specially prepared for you.
Additional Information:
Website: https://ethereum-beacon.com
Whitepaper: https://ethereum-beacon.com/whitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5168538
Telegram: https://t.me/EthereumBeacon
Twitter: https://twitter.com/BeaconEthereum
Facebook: https://www.facebook.com/Ethereum-Beacon-2350175261898732
4delta: https://bitcointalk.org/index.php?action=profile;u=2528144
ETH: 0x6a4017A562d4D4B9EC2B300340261E22779c8B5B
