Ethereum 2.0 Beacon Chain Goes Live as ‘World Computer’ Begins Long-Awaited Overhaul

Ethereum 2.0's Beacon Chain is now live

Serenity is knocking.

The first stage of the next-generation proof-of-stake (PoS) Ethereum 2.0 is now live as of 12:00 UTC Tuesday, according to Beaconcha.in.

A generalized blockchain for decentralizing computer-based applications – from iPhone games to government bonds – Eth 2.0 has been under construction since the genesis of the current proof-of-work (PoW) network in 2015.

Related: First Mover: You Call That a Record? Bitcoin’s November Gains Are 3x Stock Market’s

Tuesday’s launch concludes the opening act, or “Phase 0,” of Ethereum’s consensus mechanism transition, which will see the network – whose native cryptocurrency, ether, is worth $70 billion by market cap – fundamentally change how it settles payments while in motion.

“The launch of the beacon chain is a huge accomplishment and lays the foundation for Ethereum’s more scalable, secure, and sustainable home,” Ethereum Foundation researcher Danny Ryan told CoinDesk in an email. “There is still much work

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Florida agency will ask for overhaul of troubled website

TALLAHASSEE — Florida’s unemployment agency is asking lawmakers for $5 million to hire 108 new employees to handle increasingly complex unemployment claims, part of an overall legislative request that could include spending millions more to overhaul the state’s beleaguered unemployment website.

The Department of Economic Opportunity’s new executive director, former state Rep. Dane Eagle, said Tuesday that he’s hired an outside company to find out how and why the unemployment website, known as CONNECT, failed this year amid a crush of pandemic-related jobless claims.

“We can’t ask for the moon,” Eagle said Tuesday. “We’re trying to be reasonable.”

That review will help him and lawmakers decide what to do with website. Eagle said he’s eyeing two options: Keeping the existing system and moving it into a cloud-based server, where it will be better equipped to handle massive numbers of users at a time, or scrapping it entirely and building

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Middleburg Heights mulls computer system overhaul for city offices

MIDDLEBURG HEIGHTS, Ohio — City Council members have received an overview of a proposal to overhaul the city’s outdated computer systems.

Currently, there are 196 city email addresses, more than 118 city-owned computers in operation and five separate domains, Middleburg Heights Finance Director Jason Stewart said at the Nov. 2 Finance Committee meeting.

“The mayor and I have spent the better part of the last six months discussing how best to centralize and modernize our IT environments,” Stewart told the committee. “It is clear to us we need to move in a unified direction.”

Nick Artman of Addo Solutions provided the city a technical report indicating that several systems issues exist. They include inadequate hardware, network design and architecture failures, software licensing inconsistencies, and usage policy shortfalls.

A multi-phased solution has been recommended.

The first phase would upgrade the physical infrastructure to improve security, system performance and capacity for

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Computer system overhaul proposed for Middleburg Hts. city offices

MIDDLEBURG HEIGHTS, Ohio — Middleburg Heights City Council members at the Nov. 2 Finance Committee meeting received an overview of a proposal to overhaul the city’s outdated computer systems.

Currently there are 196 city email addresses, more than 118 city-owned computers in operation, and five separate domains, Finance Director Jason Stewart said.

“The mayor and I have spent the better part of the last six months discussing how best to centralize and modernize our IT environments,” Stewart told the committee. “It is clear to us we need to move in a unified direction.”

Nick Artman of Addo Solutions provided the city a technical report that indicates several systems issues exist. They include inadequate hardware, network design and architecture failures, software licensing inconsistencies, and usage policy shortfalls. A multiphased solution has been recommended.

The first phase would upgrade the physical infrastructure to improve security, system performance, and capacity for future growth.

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