Ethereum Foundation researcher proposed the consensus layer upgrade proposal "Beam Chain," referred to by the community as "Ethereum 3.0."
According to ChainCatcher, The Block reported that Ethereum Foundation researcher Justin Drake proposed a new consensus layer upgrade called "Beam Chain" at the Devcon conference, which the community refers to as "Ethereum 3.0."The proposal aims to achieve faster block times, lower validator staking requirements, "on-chain snarkification," and improvements in quantum security. The core of Beam Chain lies in the introduction of technologies such as zkVM, significantly enhancing the scalability of the Ethereum mainnet 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, the 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.