Ethereum Prepares for Major Upgrade Since The Merge

user avatar

by Giorgi Kostiuk

2 years ago

Ethereum Foundation researcher Justin Drake proposed a major redesign of the network's consensus layer called 'Beam Chain'.

Beam Chain Redesign: Proposal Details

During the Devcon conference in Bangkok, Justin Drake stated that the existing Beacon Chain is outdated and requires an update incorporating the latest ideas from the Ethereum roadmap. The update aims to accelerate block times, enhance post-quantum security, and reduce the minimum stake for validators from 32 ETH to 1.

Investment Moves Amid Proposals

The redesign proposal coincided with a second consecutive day of inflows into US spot Ethereum ETFs. Recently, $295.5 million were registered on Monday, followed by an additional $135.9 million on Tuesday, according to Farside Investors data.

Expectations and Challenges for the New Update

Drake mentioned that the redesign deployment requires community approval. The use of SNARK technology will address errors in the current Beacon Chain design. However, this process could take significant time due to implementation complexity and necessary approval.

The redesign of Ethereum's consensus layer promises significant improvements but requires serious preparation and community support.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC's Tokenized Stocks and ETFs Experience 30% Growth

chest

MEXC reported a 30% month-on-month increase in spot trading volume for tokenized stocks and ETFs, reflecting broad-based growth.

user avatarKofi Adjeman

MEXC Reports Significant Growth in August Trading Data

chest

MEXC reports significant growth in trading volumes across various asset classes in August 2026, with a 130% month-on-month increase in stock, index, and ETF Futures.

user avatarTando Nkube

TRON DAO Enhances MetaMask Connectivity for Users

chest

TRON DAO announces enhanced MetaMask connectivity for various dApps, improving user interaction within the TRON ecosystem.

user avatarNguyen Van Long

MetaMask Connectivity Now Supported by Leading TRON dApps

chest

Four major decentralized applications in the TRON ecosystem have integrated MetaMask connectivity, enhancing user access to on-chain finance.

user avatarSatoshi Nakamura

AI Researchers Reduce Quantum Attack Resource Benchmark by 86 Times

chest

Researchers have reduced the computing resources needed for a potential quantum attack on Bitcoin and Ethereum by 86 times.

user avatarJesper Sørensen

Regulators Urge Faster Cybersecurity Measures in Banking Sector

chest

Regulatory bodies are urging banks to adopt quicker patching and incident response strategies to combat evolving cyber threats.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.