Beacon Chain epoch

Hash

8e2600d99c0afc3be872af0c8f44a730788dafd67655604bd3fd30a5d75cd417e...

06 Aug 2022 14:46:35 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.