Beacon Chain epoch

Hash

a4184f1745248213daaf7af0fe72b6968b3382bff4a6233e16a854d34d4258b61...

22 Jul 2022 07:24:59 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.