Ethereum Beacon Platform Review
The Ethereum Beacon chain is one of the few Ethereum improvement options. Thus, there is evidence of a chain of work. The process requires tons of computing power. Proof of work gives more rewards to people with better equipment and connectivity. This means that the higher your hash rate, the more likely it is to be the first to solve the puzzle. Thus, the concept of proof of work is really wasteful, 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 proof concept. Ethereum Lighthouse The existing concept of the proof of work on the Ethereum blockchain will continue to exist. In parallel with our main blockchain, there is another blockchain. The so-called lighthouse chain. Thus, there are smart contracts that work on the main chain. And within the framework of the main state of the chain, an agreement will be concluded, according to which users...