Beacon Chain epoch

Hash

905cb01cfdcca9728d8f1f62ff042f8842900e1c8619f7c84f70bf0b6677d00cc...

08 May 2022 02:56:11 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.