Beacon Chain epoch

Hash

2eac9b91c6701f0aab55d30b53d80a0c5d09a9a86e4debc143bd07e22fe8d4e85...

26 Jun 2022 06:08:11 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.