Ethereum Foundation researcher proposed a consensus layer upgrade called "Beam Chain," referred to by the community as "Ethereum 3.0."

2024-11-12 18:34:21

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ChainCatcher news, according to The Block, Ethereum Foundation researcher Justin Drake proposed a new consensus layer upgrade called "Beam Chain" at the Devcon conference, referred to by the community as "Ethereum 3.0". This proposal aims to achieve faster block times, lower validator staking requirements, "chain snarkifaction", and quantum-safe improvements. The core of Beam Chain lies in the introduction of technologies like zkVM, significantly enhancing the scalability of the Ethereum mainnet, potentially without relying on Layer 2 solutions.

Doug Colkitt, founder of Ambient Finance, stated that the localization of zkEVM could completely eliminate gas limits, allowing nodes to only verify snarks, theoretically achieving infinite scalability for L1. Nevertheless, this proposal may lead to further centralization of block building.

Drake emphasized that the final implementation of Beam Chain requires community consensus and called it his "most ambitious proposal to date." He previously resigned from his advisory position due to potential conflicts of interest with EigenLayer.

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