Beacon Chain epoch

Hash

a0e7509873d0e8d3515f165e61cffd552217631f664e40df09df934838684fa49...

06 Mar 2022 16:41:47 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.