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These are the 3 most important things in the life of a beacon-node - finalization checkpoint for security, head + time for seeing that we're synced and working. The order given is the expected increasing order that things should be moving in - finalization lags head, and head lags clock - the structure helps the user remember, but also see the pattern where time is getting out of sync with head. A validator would also want to know when the next action is going to be (ie next attestation / block production) but that's for another day.