Beacon Chain epoch

Hash

66ab0a006f2c2c5c8810e89531b3a193d8430fc82c83b8703df95e25d53bb3830...

26 May 2022 06:27:23 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.