Beacon Chain epoch

Hash

9a88b9596b95fa250fb2405081e0cd20f46d3243c33f6fc71857704b6f20625d1...

06 Mar 2022 05:42:35 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.