Ethereum Foundation researchers proposed a consensus layer upgrade proposal called "Beam Chain", which was called "Ethereum 3.0" by the community

PANews reported on November 12 that according to The Block, Justin Drake, a researcher at the Ethereum Foundation, proposed a new consensus layer upgrade proposal "Beam Chain" at the Devcon conference, which was called "Ethereum 3.0" by the community. The proposal aims to achieve faster block times, lower validator pledge requirements, "on-chain snarkification" and quantum security improvements. The core of Beam Chain is to introduce technologies such as zkVM to greatly improve the scalability of the Ethereum mainnet, even without relying on Layer 2 solutions.

Doug Colkitt, founder of Ambient Finance, said that the localization of zkEVM may completely eliminate the gas limit, so that nodes only need to verify snarks, theoretically achieving unlimited scalability of L1. Nevertheless, the proposal may lead to further centralization of block construction.

Drake, who previously resigned from his advisory position due to potential conflicts of interest with EigenLayer, stressed that the final implementation of Beam Chain requires community consensus and called it his “most ambitious proposal to date.”