Beacon Chain epoch

Hash

19e5f23149fde8b58d79a2d0945147c80cd5d78c719029d618e9734348dcdacc6...

04 May 2022 16:28:59 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.