Beacon Chain epoch

Hash

c8c7bb0048d961948acefbbbe8852e3fcfc285c0b9fca6a03f0eb884847346418...

24 Jun 2022 15:37:47 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.