Beacon Chain epoch

Hash

a46aa10496dfb72d049673c36e91ee8d3098557693cd57f8ad7b580a482df88d0...

28 Mar 2022 22:14:35 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.