The last stage of the cyber kill chain framework is where the cybercriminal achieves their objective. Objectives can range from destroying, extracting, or encrypting data, or breaching confidentiality or integrity of sensitive information. To create a smokescreen, the hacker will try to place attentio...
The Beacon Chainwas the first phase of rollout and one that formally brought Proof of Stake to Ethereum. On December 1, 2020, an initial threshold was reached of 16,000 validators to deposit the required 32 ETH to stake. Since that date, the Proof of Stake Beacon Chain has been running ...
Ethereum’s transition into 2.0 is broken down into various stages. Phase 0 Phase 0 of the Ethereum 2.0 upgrade introduces what’s called the Beacon Chain. Launched on December 1, 2020, the Beacon Chain marks the shift to PoS, enabling users to stake (lock away) their Ethereum and becom...
What is Sharding? To sum up the technique of sharding in a single sentence, think of it as dividing a blockchain into multiple sub-chains, each of which work independently and spread the workload of the network, improving throughput and reducing latency. While the nitty-gritty is substantially...
@Izzy78 - When it all comes down to it a beacon is simply a point of reference for people to use to safely land at their destination. In terrible weather the simple things become hard to do and when you add travel into the equation it creates a potentially dangerous situation. By simply...
BNB Chain is composed of two blockchains,both powered by BNB: BNB Beacon Chain: Previously called Binance Chain, this blockchain handles BNB Chain governance functions such as voting and staking. BNB Smart Chain (BSC): Once known as the Binance Smart Chain, this blockchain uses the Ethereum...
Looking for online definition of BEACON or what BEACON stands for? BEACON is listed in the World's most authoritative dictionary of abbreviations and acronyms
Now that you have a proven consensus mechanism like Proof-of-Work offering the assurance of better security, is it reasonable to wonder about an alternative? So, what is Proof of Stake in blockchain? The answer basically implies that it is a variant of the consensus mechanism used in block...
With the introduction of BNB Chain in February 2022, which now consists of BNB Beacon Chain (formerly known as Binance Chain) and BNB Smart Chain (previously Binance Smart Chain), users received a new level of services. Notable, today BNB Chain is a decentralized, open-sourced, and community...
Ethereum's developers intended to implement Ethereum 2.0 for several years, so the upgrade was not a one-off event. But, it officially kicked off with the launch of the Beacon Chain in December 2020, which allowedether (ETH), the nativetokenof the Ethereum network, to be staked.2 ...