Ethereum researcher Justin Drake said the Beacon Chain became the “strongest foundation blockchains have ever seen.”
As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network.
The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift into a proof-of-stake (PoS) consensus, allowing users to stake their Ether (ETH) for rewards.
Source: Justin Drake
