BTC

$87548.416

3.21%

ETH

$3251.011

-2.02%

BNB

$626.585

-1.69%

XRP

$0.687

16.05%

News

Ethereum Consensus Layer Overhaul Proposal Unveiled Tomorrow

November 11, 2024 - Around 2 mins mins to read

Key Points:

  • Justin Drake of the Ethereum Foundation hints at a groundbreaking Ethereum consensus layer redesign to be unveiled at Devcon.
  • After a year of planning and collaboration with top researchers, Drake’s proposal aims to enhance Ethereum’s reliability and scalability.
  • Drake calls on the Ethereum community for support in shaping this ambitious “beacon link map” roadmap.
The Ethereum consensus layer will camp out tomorrow in anticipation of a highly anticipated update from Justin Drake, an integral researcher of the Ethereum Foundation.
Ethereum Consensus Layer Overhaul Proposal Unveiled Tomorrow

Justin Drake Teases Major Ethereum Consensus Layer Redesign

Recently, he posted on X that during the keynote at Devcon, scheduled for 5 p.m. local time, he will release a new and ambitious plan for the Ethereum consensus layer. This highly anticipated proposal could dramatically change Ethereum’s core architecture.

In a post, Drake explained, “For a year, I have been thinking about what an Ethereum consensus layer redesigned from scratch would look like.” He expanded on his idea of a “beacon link map” as a strategic roadmap to make Ethereum a far more dependable, secure, and streamlined entity. Precise details regarding this beacon link map remain secret, resulting from months of work and brainstorming by the leading Ethereum researchers and consensus developers.

Read more: Ethereum Foundation Report 2024 Asset Reserves And Strategy

Ethereum Community Invited to Shape the Future

Drake himself showed that it was an early proposal. Still, if the Ethereum community can rally around this early design, that would be a game-changer for the network. As he puts it, “If this new approach to solving the consensus layer roadmap can reach a preliminary consensus, your participation is crucial.” That openness and collaboration have driven development on Ethereum. Drake here calls on the greater community to weigh in on the discussion.

DISCLAIMER: The information on this website is provided as general market commentary and. does not constitute investment advice. We encourage you to do your own research before investing.

Ethereum

Ethereum community

Ethereum Consensus

Ethereum Consensus Layer

Avatar of Annie

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Ethereum Consensus Layer Overhaul Proposal Unveiled Tomorrow

Key Points:

  • Justin Drake of the Ethereum Foundation hints at a groundbreaking Ethereum consensus layer redesign to be unveiled at Devcon.
  • After a year of planning and collaboration with top researchers, Drake’s proposal aims to enhance Ethereum’s reliability and scalability.
  • Drake calls on the Ethereum community for support in shaping this ambitious “beacon link map” roadmap.
The Ethereum consensus layer will camp out tomorrow in anticipation of a highly anticipated update from Justin Drake, an integral researcher of the Ethereum Foundation.
Ethereum Consensus Layer Overhaul Proposal Unveiled Tomorrow

Justin Drake Teases Major Ethereum Consensus Layer Redesign

Recently, he posted on X that during the keynote at Devcon, scheduled for 5 p.m. local time, he will release a new and ambitious plan for the Ethereum consensus layer. This highly anticipated proposal could dramatically change Ethereum’s core architecture.

In a post, Drake explained, “For a year, I have been thinking about what an Ethereum consensus layer redesigned from scratch would look like.” He expanded on his idea of a “beacon link map” as a strategic roadmap to make Ethereum a far more dependable, secure, and streamlined entity. Precise details regarding this beacon link map remain secret, resulting from months of work and brainstorming by the leading Ethereum researchers and consensus developers.

Read more: Ethereum Foundation Report 2024 Asset Reserves And Strategy

Ethereum Community Invited to Shape the Future

Drake himself showed that it was an early proposal. Still, if the Ethereum community can rally around this early design, that would be a game-changer for the network. As he puts it, “If this new approach to solving the consensus layer roadmap can reach a preliminary consensus, your participation is crucial.” That openness and collaboration have driven development on Ethereum. Drake here calls on the greater community to weigh in on the discussion.

DISCLAIMER: The information on this website is provided as general market commentary and. does not constitute investment advice. We encourage you to do your own research before investing.