Beacon Chain epoch

Hash

3a351b4620ba4fabe6f7382341525e0ff0ac32e020daae3b11b091155247acf1b...

20 Jul 2022 01:45:47 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.