Beacon Chain epoch

Hash

c4da9c9fc5c909636d287eac2f267f2a2e59a88aeb6dbded424eb7596076c656c...

09 May 2022 02:17:47 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.