Beacon Chain epoch

Hash

2d1fc2d7a7164a1d9c2841d83d95e6af2ae6fdc821a02d092db1bb812e8b0e41a...

04 May 2022 15:56:59 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.