ETHEREUM BEACON

Hallo! Friends, we met again with the ETHEREUM project, and perhaps your friends are already familiar with this name.

But make no mistake, my friends, this company is really associated with this name, friend = friend, but this COMPANY is very different from other companies from Ethereum.

This COMPANY is very advanced because this company can provide access to all the hash blocks in the PoS friends chain.

Therefore, let's look at the explanations of this project, and while we give this company the opportunity to earn money and earn on this very unusual project.

ABOUT THE PROJECT Lighthouse Ethereum.



Ethereum Beacon will take network bandwidth to the next level with a revolutionary transaction verification system. The central PoS chain - the key chain - will be responsible for storing and updating the validator registry.

To become a validator, users must make an insurance deposit that minimizes the risk of abuse. The key chain will also process block consensus and its own cross-reference - confirmation set by the validator, which allows you to insert segment segments into the key chain.

In short, this will be the basis on which the segmentation system is built. The combination of internal consensus and intersection, independent verification in each segment and storage system will create a fast, efficient and secure network environment that can easily scale and adapt to applications of all applications. types.

Validators will receive a stable return on investment in deposits, while the transition to PoS will solve the problem of energy waste and ensure real decentralization, free from the hegemony of agriculture.

Sharding is the most effective way to measure
In Ethereum Beacon, there is no need for each node to confirm each transaction. Instead, the network is divided into many fractions - segments of the country that operate independently, confirm different transactions and are empowered with different sets of validators. Fractions interact with key chains through cross-references — special messages indicating that fractional conditions with recently confirmed operations can be safely inserted into the main chain. Since the confirmation number is still high, security in Ethereum Beacon will not be compromised.

Implementation phase


1. Phase Alpha: Upgrading to the New PoS / Verification System

2. Beta phase: implementation of basic sharding

3. Gamma phase: sharding with EVM / EWASM

4. Delta phase: for asynchronous cross separation, exponential separation, etc.

Implementation roadmap

1. Alpha phase:

Transition to the new PoS / verification system (Q3 2019 - Q1 2020)

- Snapshots of the Ethereum network - August 8, 2019, 20:00 GMT;

- Free distribution of EBEA tokens from photos to ETH users;

- launch a gift campaign;

- Start testing the PoS keychain (proof of security from the main work and the keychain);

- Guarantees from users who want to become validators in PoS key chains;

2. Beta phase

- Implementation of basic sharding (Q2 2020 - Q4 2020)

- Initial implementation of a sharding system integrated with key chains;

 - New approval and validation procedures will work in it: selection of the creator of pseudo-random blocks and finalizers, voting mechanism, finalization of blocks, creation of cross references and receipts, sending collection data to key chains, storing receipts on Merkle trees, committee size, etc. ;

- Sharding will not be used to conduct real transactions at this stage; - Introduction of rules for selecting forks of a block of fragments (rules in case of unforeseen circumstances), checking the header, checking the body and checking cross-references.

3. Gamma phase:

Sharding with EVM / EWASM (Q1 2021 - Q4 2021)

- Complete state migration to new networks of key chains;

 - The original PoW network is out of date;

- Full implementation of sharding, including confirmation of transactions and accounting for account balances performed on individual fractions;

 - prizes for validators;

 - Development of the Ethereum Beacon Assembly - a faster, more portable alternative to the legacy Virtual Ethereum engine

- Check the assembly of Ethereum Beacon on the selected fraction. - Go to the Beacon Ethereum assembly into the remaining pieces.

4. Delta phase:

Cross sharding, exponential sharding, etc. (Q1 2022 - Q4 2022)

- the remaining port of dApps from the old virtual machine to the Beacon Assembly;

- develop new applications using the new virtual machine;

- Further work on asynchronous and synchronous transactions between shards;

 - start work on exponential sharding

GET YOUR EBEA

All ETH owners are entitled to a free Ethereum Beacon (EBEA) transfer in a 1: 1 ratio after the blockchain snapshot on August 8. Click the button to get your token now.

We also run a reward campaign that allows you to get more Ethereum beacons - see the FAQ section for more information.

contact@ethereum-beacon.com

And to get more understandable information, you can directly go to the link below:

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author: Anakcikal
BTT Profile: https://bitcointalk.org/index.php?action=profile%3Bu%3D1914884
ETH:0xACE4b197bAEd4ABc6c12fD034BE655ed3141E1c6