Review of the Ethereum Beacon platform
The Ethereum Beacon chain is one of the few improvement options of Ethereum. Thus, there is evidence of a chain of work.
The process requires tons of computing power. The job test offers more rewards to people with better equipment and connectivity.
This means that the higher your hash rate, the more likely you are to be the first to solve the puzzle.
Therefore, the concept of proof of work is really useless, because only one miner receives a reward, and all the work of other miners is lost.
To change this, we need to implement a stake test concept.
Ethereum Lighthouse
The existing concept of proof of work in the Ethereum blockchain will continue to exist.
In parallel with our main blockchain, there is another blockchain. The so-called lighthouse chain. Therefore, there are smart contracts that work in the main chain.
And within the framework of the main state of the chain, an agreement will be concluded according to which users can send deposit transactions.
So you have a second blockchain, which works with the concept of proof of participation, but still depends on the main chain.
Ethereal lighthouse chain
What are the requirements for the beacon circuit?
Therefore, you can send your 32 Ether to a deposit agreement along with two other parameters.
Thus, the function has 3 parameters. First, any transaction that is deposited must contain 32 ethers.
You also need a specific publication key and a specific withdrawal address. This way, you will have a publishing key for Ethereum, and then you will have another publishing key that you will use for the output.
Therefore, it specifies some data and at least has two publication keys. When you enter the correct transaction, create a receipt.
Therefore, any customer of the stake confirmation beacon chain will need at least sufficient access to the work chain test.
Therefore, you should know which hash block and which deposit receipts were between two control points. Therefore, to demonstrate customer interest, it is enough to be an easy customer.
How does a beacon chain work?
Thus, the lighthouse chain will exist in parallel with the Ethereum blockchain. Due to the evaluation mechanism, it is likely to have a level well below 25 percent.
Thus, some evidence of tail blocks has pointers that point to the main chain.
The rear blocks of the beacon chain indicate subsequent blocks in the main chain. Therefore, there is a hard consensus rule.
Therefore, the reference to the main chain of the child element must be the same or a descendant of the reference to the main chain of the ancestor.
When you process a subsequent block, it will be part of the agreed rules, which you must also follow.
Therefore, the one who made the previous deposit will eventually be added to the validator's waiting set, which is stored in a subsequent block.
Within the lighthouse chain you have several validator games. Therefore, in the current set, it has an active validator, a pending validator and an established validator.
Therefore, if you make a deposit, it will be merged into a pending validator set.
How does a beacon chain work?
The lighthouse chain is between the main chain and the fragments.
It is like the connective tissue that provides a heartbeat. A smart contract for the current Ethereum blockchain will allow validators to participate in a protocol that demonstrates their participation in the 32 Ether raffle.
Once placed in a set of pending validators in the beacon chain, they can become active validators and can participate in the stake test protocol.
Then, the beacon chain generates a random number for a random sample of validators for the block proposal and voting responsibilities. With this random sample, we end the collusion between the validators and the impact on the system.
The Ethereum lighthouse chain is summarized:
The Ethereum headlamp chain runs parallel to the Ethereum blockchain.
The headlight chain works based on the concept of stake testing.
If you want to participate in the rate verification protocol, you need 32 Ether, a pub key and a withdrawal address.
In the stake block test there are pointers that indicate the main chain.
The one who made the previous deposit is added to the validator's waiting set, which is stored in a subsequent block.
Detailed information:
Website: https://ethereum-beacon.com/
Github: https://github.com/EthereumBeacon
White paper: https://ethereum-beacon.com/whitepaper.pdf
Twitter: https://twitter.com/BeaconEthereum
Facebook: https://www.facebook.com/Ethereum-Beacon-2350175261898732/
Telegram: https://t.me/EthereumBeacon
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