Ethereum Announces Progress With Beacon Chain Upgrade

[Rakin343]

Ethereum has announced its progress with the Beacon Chain and Altair upgrade, after the v1.1.0-alpha.6 – Protostellar Evolution was released, as well as some other new developments for Ethereum.
The Protostellar Evolution effectively separates constants, presets, and configuration, which cleans client configuration. Protolambda enables a simpler network configuration.
As Altair code changes stabilize and once the multi-client interop is performed, their client teams will pass consensus test vectors and stand up short-lived testnets. They went on to say in a release that the timeline decision will be made in the next few weeks.
Ethereum also announced that the Rayonism hackathon was completed, which was an industrious event for the team as they built dozens of nodes and thousands of validators, as well as secured a Beacon chain. This Beacon Chain will provide native support for a rich Ethereum application layer with accounts, contracts, and user transactions. Source