Beacon Chain epoch

Hash

2513d0994034cf9e14360d76891d7aa645774ac7088ed2c293878bebbb4809416...

25 Jul 2022 13:23:23 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.