Beacon Chain epoch

Hash

090ab6f4ad9fe207b33961c3bedb119c575879408fa9be8000bbe9d88a473c6ff...

08 Jul 2022 22:27:23 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.