Beacon chain ethereum

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Ethereum 2.0: Beacon Chain, Staking, \u0026 Sharding (A Simple Explanation!)
KEY TAKEAWAYS: The Beacon Chain was the main component of Ethereum 's transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). �. The Beacon Chain is the foundational chain of Ethereum and plays an important managerial role by coordinating validator nodes in the network and keeping. The Beacon Chain is the coordination mechanism of the new network, responsible for creating new blocks, making sure those new blocks are valid.

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Transact Send transactions 7. Typically, there are more than 8, validators: meaning more than one committee per slot. It rewarded validators for their good behavior while penalizing malicious activity by slashing rewards. To avoid large changes in the validator set in a short amount of time, there are mechanisms limiting how many validators can be activated or exited within an epoch.