Beacon Chain epoch

Hash

14f264935010cd8d7d775678a1afb96d1626d482cb0fa137cdf3a0571b0f8b471...

29 Jul 2022 13:16:59 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.