Beacon Chain epoch

Hash

584b77920a2607e9de1164c251e3527061a61f89e0d30c334ba7f20a05d7507b1...

05 May 2022 03:21:47 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.