Beam Chain Consensus Upgrade Proposal
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new consensus layer upgradeCoinGape
•ETH price today is trading at $3,251 and its one-day trading volume rose more than 52% to $68 billion
65% Informative
ETH price touched a 24-hour high of $ 3,444 , while Ether Futures Open Interest surged 1% to $17 billion .
At the recent Devcon 2024 event, a researcher proposed a new consensus layer upgrade for the network.
The proposal envisions a faster and more efficient network by leveraging zero -knowledge (ZK) cryptographic technology.
The upgrade also aims to decrease the validator stake requirement from 32 ETH to 1 ETH for easier participation.
If accepted by the community, development team plans to begin specifications by 2025 , building by 2026 , and initiating a rigorous testing phase from 2027 .
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