Beacon Chain epoch

Hash

5bf8e6de6a220d6d01d9f825d2227075f327df0aca8da89c131b8fea24a801298...

15 Jun 2022 09:58:35 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.