Beacon Chain epoch

Hash

d6d8959371720361333ac3c1af7cd49ca1003436ffa18e51486faa2fd76c99e38...

16 May 2022 04:44:59 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.