Ethereum merge proof-of-stake Beacon chain

Introduction On 1 December 2020, a new Ethereum blockchain was created using a novel form of consensus called proof-of-stake (PoS). The new blockchain is called the Beacon chain. The Beacon chain is itself a separate entity from the Proof-of-Work (PoW) Ethreum mainnet. The Beacon chain is designed to eventually merge with the PoW mainnet, with …

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