Beacon Chain epoch

Hash

d0db43255ff5d0c2478270ece0acc0051f8778e84ffe6f980cdca2b065d8f58e4...

05 Aug 2022 01:52:11 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.