Beacon Chain epoch

Hash

922ab61b144f6cd04f09bb7fd2380153d7f71f2b1d95f295977910ad5d1b4a27e...

27 Jun 2022 15:05:47 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.