Beacon Chain epoch

Hash

740569dfb0dd23737a5e7cb2c8f18d47b974f921623d3421827492dcb504b9e81...

06 Jun 2022 22:40:11 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.