Beacon Chain epoch

Hash

32c5cebad8ba54db21ac94afbf31dda0afa577259410a1c90b0aa80471e5c71b1...

19 May 2022 17:32:59 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.