Beacon Chain epoch

Hash

e89fa459ae79cc99da4e72b3c591862ec566e0276e1fdf2ca4fd421490db67cc6...

01 Mar 2022 01:20:11 UTC (2 years ago)

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The Beacon Chain is a key component of the Ethereum 2.0 upgrade, which introduces proof-of-stake to the network, fundamentally changing the consensus mechanism from proof-of-work to a more energy-efficient system. It acts as the central coordination and consensus layer, managing the network of validators, their stakes, and providing the backbone for shard chains to ensure scalability and security for the entire Ethereum ecosystem.