diff --git a/Cargo.toml b/Cargo.toml
index 60b600efd..856c2dae3 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -35,6 +35,7 @@ members = [
 	"beacon_chain/attestation_validation",
 	"beacon_chain/chain",
 	"beacon_chain/naive_fork_choice",
+	"beacon_chain/spec",
 	"beacon_chain/state-transition",
 	"beacon_chain/types",
 	"beacon_chain/utils/active-validators",
diff --git a/beacon_chain/spec/Cargo.toml b/beacon_chain/spec/Cargo.toml
new file mode 100644
index 000000000..a2eac0692
--- /dev/null
+++ b/beacon_chain/spec/Cargo.toml
@@ -0,0 +1,7 @@
+[package]
+name = "spec"
+version = "0.1.0"
+authors = ["Paul Hauner <paul@paulhauner.com>"]
+
+[dependencies]
+types = { path = "../types" }
diff --git a/beacon_chain/spec/src/foundation.rs b/beacon_chain/spec/src/foundation.rs
new file mode 100644
index 000000000..5bf25e1e7
--- /dev/null
+++ b/beacon_chain/spec/src/foundation.rs
@@ -0,0 +1,61 @@
+use super::ChainSpec;
+
+use types::{Address, Hash256};
+
+impl ChainSpec {
+    /// Returns a `ChainSpec` compatible with the specification from Ethereum Foundation.
+    pub fn foundation() -> Self {
+        Self {
+            /*
+             * Misc
+             */
+            shard_count: 1_024,
+            target_committee_size: 256,
+            ejection_balance: 16,
+            max_balance_churn_quotient: 32,
+            gwei_per_eth: u64::pow(10, 9),
+            beacon_chain_shard_number: u64::max_value(),
+            bls_withdrawal_prefix_byte: 0x00,
+            max_casper_votes: 1_024,
+            /*
+             *  Deposit contract
+             */
+            deposit_contract_address: Address::from("TBD".as_bytes()),
+            deposit_contract_tree_depth: 32,
+            min_deposit: 1,
+            max_deposit: 32,
+            /*
+             * Initial Values
+             */
+            initial_fork_version: 0,
+            initial_slot_number: 0,
+            zero_hash: Hash256::zero(),
+            /*
+             * Time parameters
+             */
+            slot_duration: 6,
+            min_attestation_inclusion_delay: 4,
+            epoch_length: 64,
+            min_validator_registry_change_interval: 256,
+            pow_receipt_root_voting_period: 1_024,
+            shard_persistent_committee_change_period: u64::pow(2, 17),
+            collective_penalty_calculation_period: u64::pow(2, 20),
+            zero_balance_validator_ttl: u64::pow(2, 22),
+            /*
+             * Reward and penalty quotients
+             */
+            base_reward_quotient: 2_048,
+            whistleblower_reward_quotient: 512,
+            includer_reward_quotient: 8,
+            inactivity_penalty_quotient: u64::pow(2, 34),
+            /*
+             * Max operations per block
+             */
+            max_proposer_slashings: 16,
+            max_casper_slashings: 15,
+            max_attestations: 128,
+            max_deposits: 16,
+            max_exits: 16,
+        }
+    }
+}
diff --git a/beacon_chain/spec/src/lib.rs b/beacon_chain/spec/src/lib.rs
new file mode 100644
index 000000000..a15575115
--- /dev/null
+++ b/beacon_chain/spec/src/lib.rs
@@ -0,0 +1,58 @@
+extern crate types;
+
+mod foundation;
+
+use types::{Address, Hash256};
+
+pub struct ChainSpec {
+    /*
+     * Misc
+     */
+    pub shard_count: u64,
+    pub target_committee_size: u64,
+    pub ejection_balance: u64,
+    pub max_balance_churn_quotient: u64,
+    pub gwei_per_eth: u64,
+    pub beacon_chain_shard_number: u64,
+    pub bls_withdrawal_prefix_byte: u8,
+    pub max_casper_votes: u64,
+    /*
+     *  Deposit contract
+     */
+    pub deposit_contract_address: Address,
+    pub deposit_contract_tree_depth: u64,
+    pub min_deposit: u64,
+    pub max_deposit: u64,
+    /*
+     * Initial Values
+     */
+    pub initial_fork_version: u64,
+    pub initial_slot_number: u64,
+    pub zero_hash: Hash256,
+    /*
+     * Time parameters
+     */
+    pub slot_duration: u64,
+    pub min_attestation_inclusion_delay: u64,
+    pub epoch_length: u64,
+    pub min_validator_registry_change_interval: u64,
+    pub pow_receipt_root_voting_period: u64,
+    pub shard_persistent_committee_change_period: u64,
+    pub collective_penalty_calculation_period: u64,
+    pub zero_balance_validator_ttl: u64,
+    /*
+     * Reward and penalty quotients
+     */
+    pub base_reward_quotient: u64,
+    pub whistleblower_reward_quotient: u64,
+    pub includer_reward_quotient: u64,
+    pub inactivity_penalty_quotient: u64,
+    /*
+     * Max operations per block
+     */
+    pub max_proposer_slashings: u64,
+    pub max_casper_slashings: u64,
+    pub max_attestations: u64,
+    pub max_deposits: u64,
+    pub max_exits: u64,
+}