What is Beacon Chain ?

The Beacon Chain is the coordination mechanism of the new network, responsible for creating new blocks, making sure those new blocks are valid, and rewarding validators with ETH for keeping the network secure.

To become a validator, a user needs

• a computer with minimum hardware requirement
• an internet connection and
• a minimum of 32 ETH to make the deposit.

What is Decentralization in Blokchain?

In blockchain, decentralization refers to the transfer of control and decision-making from a centralized entity (individual, organization, or group thereof) to a distributed network. Decentralized networks strive to reduce the level of trust that participants must place in one another, and deter their ability to exert authority or control over one another in ways that degrade the functionality of the network.

Some benefits of decentralization :

1 => Facilitates a trustless setting

2 => Improves data recovery

3 => Reduces degrees of shortcoming

4 => Optimized assets dispersion

Why Decentralization ?

Decentralization is not a new concept. When building a technology solution, three primary network architectures are typically considered: centralized, distributed, and decentralized. While blockchain technologies often make use of decentralized networks, a blockchain application itself cannot be categorized simply as being decentralized or not. Rather, decentralization is a sliding scale and should be applied to all aspects of a blockchain application. By decentralizing the management of and access to resources in an application, greater and fairer service can be achieved. Decentralization typically has some tradeoffs such as lower transaction throughput, but ideally, the tradeoffs are worth the improved stability and service levels they produce.

Some Overall Stats

if you look at the above charts you can see the amount of ETH deposited to Beacon Chain ,

• i must remember if a user wanna be a validator must deposit exactly 32 ETH to Beacon Chain

On the 23th of September we have the most ETH deposit with more than 55 thousand ETH and after that on the 26th of October 49 thousands ETH deposited .

Cumulative Volume of ETH deposit shows us that ETH deposit is on an uptrend and today reach more 1.1 million ETH , as a result, we can say :

more ETH deposit = more validator = more decentralization

as you see on the left chart , the number of validators is on an uptrend and this causes more decentralization

the number of created blocks is fixed and it almost is 7160 blocks per day .

if you look at the chart , you can see the cumulative of created blocks that it is an uptrend overtime and the beacon network is growing and growing every day, and currently, the number of blocks produced is equal to almost 400 thousand block.

enlarging this network can help to decentralize it and reduce the possibility of hacker attacks on this network

the highest number of Targets after merge is 1551 on 23th of September and after that 1534 on 6th October and cumulative of targets is on an uptrend .

the number of attestations is almost in fixed trend and this is 770 Attestations per day.

cumulative of attestations is on an uptrend and this reach to more than 43 million attestations.

if you look at the above charts ,there are not slashed on the beacon chain after the Merge event but there are very low (23 slashed) that can say this is none .

as you can see on the charts we have some slashed in September and 2 slashed in November.

also the right chart proof it that there are not any slashed after the merge .

before October , amount of swaps have not changed significantly, but in late October and the beginning of November we can have some growth in buy and sell swaps and we can say that volume of swaps grew after the merge event.

Perhaps the reason for this growth can be seen as the fall of the market and the emotional behavior of traders and investors and the recent events of the FTX exchange.

The changes in the consensus system can be seen in the charts above.

In the graph on the left, you can see the changes in the average fees before and after the Merge event.

after the Merge event, we saw a decrease in this fee, but in early October and then in November, we see an increase in fees, and one of the reasons is It can be seen as the increase in the number of swaps, which can be seen in the previous charts.

Another change that contributes to the quality and improvement of the network is the reduction in the time it takes between building blocks

Conclusion

Total Volume of ETH Deposit to Beacon Chain => 1.138 Million ETH

Total Active Validators on Beacon Chain => 35.7 thousand

Total Created Block After the Merge => more than 38 thousand

The obtained analyzes give us the result that the amount of decentralization of the network is increasing and this causes more security of the network. In these analyses, we saw an increase in validators after the Merge event,

as well as an increase in produced blocks, which, in addition to the decentralization of the network, can be attributed to the greater security of the network. Also, the volume of transactions has increased, followed by an increase in the network.

also there is non any slashed on the beacon chain after the Merge.

as a result, we can answer the question that “ what happened for decentralization post merge? ” yes we have more decentralization after the merge event