Beacon Chain epoch

Hash

b9a1cc61c4ce65f2e2509c00aee0a8537d51018e9634431b91e08f0a90b54a3b8...

25 Mar 2022 07:44:11 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.