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  3. /Beacon Chain
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blockchain

Beacon Chain

The proof-of-stake coordination layer of Ethereum, launched in December 2020.

Definition

The proof-of-stake coordination layer of Ethereum, launched in December 2020. The Beacon Chain manages validators, processes attestations, and runs the consensus mechanism. It merged with Ethereum's execution layer in September 2022 during The Merge, transitioning Ethereum from proof-of-work to proof-of-stake.

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Learn More About Beacon Chain

BlogLiquid Staking Protocols Now Hold More ETH Than the Beacon Chain Deposit Contract

Related Terms

Proof of Stake (PoS)

A consensus mechanism where validators stake tokens as collateral to secure the network.

Validator

A node operator who validates transactions and creates blocks on a proof-of-stake network.

Ethereum

A blockchain platform that enabled smart contracts and decentralized applications.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

Account Model

The way Ethereum and many other chains track balances.

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Gas Tracker/tools/gas-trackerProfit Calculator/tools/profit-calculator

Learn More

Ethereum Guide/learn/ethereumDeFi Guide/learn/defiStaking Guide/learn/stakingYield Farming Guide/learn/yield-farming

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