Beacon Chain epoch

Hash

b925b72953fecebf90d3e8258cc52c37066ecd8604de30b526d8f6ac049096f56...

09 Mar 2022 23:24:59 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.