Beacon Chain epoch

Hash

b07931ce229dc0ad7fe1010d8dc8d4cd9a46a3fda5059db007718ef288ddb9332...

07 Jul 2022 15:44:11 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.