Beacon Chain epoch

Hash

25d0c9529d9675e49ff7eafdc22f7ba5f27c5dc16584c447d1107c0234181f7f9...

13 Aug 2022 21:23:23 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.