general

BEACON CHAIN

Definition

Beacon chain is an improvement to the Ethereum network introduced in the first stage of ETH2.0. The Beacon Chain introduces a Proof-of-Stake consensus mechanism to the network which allows ETH holders to stake their ETH and become validators in ETH2.0. This enables validators to validate and confirm transactions on the network.


Click here to view the Arweave transaction for this definitionOpens in a new windowPermanent on Arweave

More Learning Materials

Coming soon! We're working on bringing you additional learning resources and related terms to enhance your understanding.

Search for Another Term