Beacon Chain epoch

Hash

6086b6c6ec14cfdd2197313b28fbf3649fee5d3d91dced5fd7eef0979067d5819...

12 Aug 2022 05:48:59 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.