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History Generating Beacon

Definition

A History Generating Beacon is a component within certain blockchain architectures responsible for producing a verifiable and immutable sequence of random values or blocks that establish a common historical record. This beacon acts as a reliable, tamper-resistant source of truth for ordering events and ensuring agreement across the network. It plays a critical role in providing a secure and unalterable timeline for transactions and state changes. Such a mechanism is vital for maintaining the integrity of the distributed ledger.