Justin Drake proposes ‘Beam Chain’ to replace Ethereum Beacon Chain

Ethereum researcher Justin Drake said that when it comes to staking, the proposal aims to change the requirements from 32 ETH to 1 ETH. 

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Ethereum researcher Justin Drake has proposed a redesign of Ethereum’s consensus layer, suggesting a shift from the current Beacon Chain to a new “Beam Chain.”

At the Devcon event in Bangkok, Thailand, Drake argued that transitioning to a Beam Chain could bring Ethereum “much closer to the final design” envisioned for the network.

Justin Drake presents the Beam Chain proposal at the Devcon event in Bangkok, Thailand. Source: Cointelegraph

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