BCGAME - Free 5BTC Daily Bonus!Blockchain researcher Justin Drake recently shared a proposal for a Beam chain-related upgrade Ethereum (ETH). During the event's audience At Devcon in Bangkok, Drake highlighted the Ethereum Beam Chain concept.
Enabling significant progress, the proposed overhaul is intended to consolidate several important advances in the Ethereum network.
In this sense, the Beam Chain proposal aims to consolidate native support for zero-knowledge proofs, as well as rapid finality in a single update to the blockchain.
As described by the expert, the Beam Chain is a significant step that brings the upgrade closer to the final envisioned form of Ethereum. According to Drake, the current Beacon Chain, which was introduced five years ago, is outdated.
“The current beacon chain is kind of old. The specifications were frozen five years ago, and in those five years, a lot has happened. In particular, we have a much better understanding of MEV (Maximal Extractable Value),” Ethereum researcher Justin Drake highlighted at Devcon 2024.
The aforementioned proposal marks the first major technological vision for the network since its transition to proof-of-stake. The network transition was carried out more than two years ago.
Ethereum Developers Introduce Mekong Testnet for Pectra Upgrade
Ethereum (ETH) blockchain developers announced the introduction of a temporary testnet called Mekong for the Pectra upgrade. The purpose of the testnet is to perform some testing of specific code changes before they are implemented on other public testnets and eventually on the mainnet.
In a statement, blockchain developers explained that the Mekong testnet aims to explore the impacts of planned changes to the network.
“After analyzing the Pectra fork, a successful interoperability event, and four devnets, we are now launching the first short-lived Pectra testnet: Mekong!” the developers wrote in an official announcement.
According to the developers, the Mekong testnet includes all the EIPs proposed for the upcoming Pectra fork on Ethereum. These changes include UX changes via EIP-7702, staking changes via EIP-7251, deposit and exit mechanism changes via EIP-6110/EIP-7002, and more.
