Ethereum Beacon Platform Overview
Hello everyone ... we are meeting Lani123lani again. on this occasion, I will talk about a cryptographic project called Beacon Ethereum, below I will give some more detailed explanations about the Beacon Ethereum project
The Beacon Ethereum chain is one of several options for increasing Ethereum. Thus, there is evidence that there are a number of operations. This process requires a lot of processing power. The evidence of work shows that people with the best equipment and communications have a great rating. In other words, the higher the hash level, the higher the likelihood that you will solve the puzzle first. Therefore, the concept of proof of work is really useless, since only one miner rewards, and all other miners lose their work. To change this, you need to apply proof of stake concept.
Ethereum Lighthouse
Blockchain Ethereum proof of work concept will continue to exist. There is another block chain in our main block chain. The lighthouse circuit is called. Thus, there is a smart contract that works in the main chain. And in the main national framework of the network, users conclude contracts for sending deposit transactions. Thus, he works with the concept of proof of ownership, but still has a second chain of blocks that relies on the main chain.
Flare Chain Aether
What are the requirements for the flare design?
Therefore, you can transfer 32 ethers to the deposit agreement with two other parameters. Therefore, this function has three parameters. First of all, each stored transaction must have 32 elements. You also need a special pub key and a specific evacuation address. This will result in the Ethereum publish key and any other publish keys that you use for output.
Therefore, you must provide some data and have at least two publication keys. Entering the correct transaction will generate a receipt. Therefore, each client in the share verification chain needs at least sufficient access to the work chain certificate. Thus, you should know that the hash block and the deposit check are between two checkpoints. Thus, he can easily become a customer in order to attract the attention of customers.
How does the flare chain work?
Thus, the chain of the lighthouse will exist parallel to the beam of Ethereum. Thanks to the assessment mechanism, there is a possibility that the level will be much lower than 25%. The evidence of cola has the keys to the main chain. The next block in the flash chain represents the next block in the main chain. Therefore, there are strict rules for consensus.
Therefore, links to the main chain of sub-elements must be the same or derived from links to the main chain of the ancestor. Further processing of the block becomes part of the agreed rule and must be respected.
Therefore, the contributor adds itself to the set, waiting for the validator stored in the next block. There are several sets of validators in the beacon chain. Therefore, the current set has an active validator, a pending validator, and a set of validators. As a result, deposits are combined into a pending set of validators.
How does the flare chain work?
The lighthouse chain is located between the main chain and the sculptures. It is like connective tissue that gives a heartbeat. The wise agreement on the Blockchain Ethereum allows Validator to participate in a protocol that can participate in the Ether 32 draw.
Placed in a series of validators waiting in a chain of beacons, they become active validators and can participate in the stake authentication protocol.
The flare chain then generates a random number for random sampling and selecting a validator for block suggestions. Use this random sample to organize effects for the validator and system.
The Lighthouse Ethereum chain is as follows:
The chain of Ethereum lighthouses is parallel to the chain of Ethereum blocks.
The lighthouse chain works based on evidence of the stake concept
32 Ether, Pub Key and revocation addresses are required to participate in the tariff verification protocol.
When checking the bid block, the main chain is indicated.
The person who made the previous deposit adds himself to the pending set of validators. This set of validators is stored in the next block.
Alpha step: switch to the new PoS system / verification system
The alpha step marks a transition to a hybrid model in which proof of work and number of bets coexist for a while. After launching the main network and deploying EBEA tokens in huge air flows, an entirely new blockchain is created called the keychain. It does not include sharding, but it helps users adapt to the new consensus model.
At this first stage, users who want to become validators will have to make a deposit and start making reliable profits from PoS mining. Although we do not expect large mine collections to disappear from the field, users and organizations will not be able to manage multiple validation sites. However, mining companies are less profitable than independent miners in terms of checking transactions and receiving payments.
At this point, EBEA coins are not transferred freely between the original PoW chain and the new PoS key chain, which was created to migrate network status and for the purposes of the gift and drop campaign.
Beta phase - the basic implementation of sharding
In this second step, the initial implementation of the sharding system is integrated with the keychain. This solution follows the principle of database sharding, which is widely used in IT. Different parts of the state of the Ethereum Beacon network are stored on different nodes.
The main goal of the beta testing phase is to create an operational segmentation network and test how the new approval and verification procedures work. At this point, the Ethereum Beacon network registers the actual account balance without using transaction sharding.
Fragments of a block of fragments, header verification, body verification, and cross-validation rules.
Gamma step: sharding using EVM / EWASM
At this point, Ethereum Beacon completes the migration to the new keychain network. Sharding is fully implemented, including transaction confirmation and account balance entries for individual thresholds.
The validator begins to receive higher prizes, but faces a higher level of responsibility. Any abusive behavior may lose their safety margin, with the exception of collecting verification.
Ethereum Beacon will develop a faster and more mobile alternative to the old Virtual Ethereum machine called the Beacon Assembly. This will be the new runtime for smart contracts. The Beacon build is specifically optimized to run code as fast as the original engine. It supports smart contracts written in C, C +, Go, Rust and other languages, as well as Solidity.
Phase delta: asynchronous cross-partitioning, exponential shading, etc.
At this point, you will transfer most of the dApp from the existing virtual machine to the beacon assembly and use the new virtual machine to develop many new applications. This will give you a truly exciting opportunity.
One of them is cross-split transaction. In other words, asynchronous execution is used in different blocks to execute transactions that immediately and automatically change the state of some fractions. Asynchronous split intersection is very important for the correct expansion of the split system.
Another interesting solution for implementing Ethereum Beacon is exponential exchange. This is the most important decision for expansion in the future, based on dividing each fraction into many fractions of the second level (second fractions), and then dividing into a smaller fraction. This can increase network bandwidth to a level that is not possible on networks such as Visa and Mastercard.
Additional Information :
Website: https://ethereum-beacon.com/
White Paper: https://ethereum-beacon.com/whitepaper.pdf
Telegram: https://t.me/EthereumBeacon
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