Beacon Chain epoch

Hash

a91c79e0b1c19abea2ae611f2a43b003039590f25751a59917ae1c1328dfcf131...

16 May 2022 04:51:23 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.