Beacon Chain epoch

Hash

73e0fd2fc5f478144a6dafe117b0955e3d42e45f688adacd86e7b49a22fabbaf7...

29 Mar 2022 20:12:59 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.