Beacon Chain epoch

Hash

a999b8eb3ce146baaf012e2b64d2f21fea773f8a0b9c840b62dae1fd7b8863966...

19 Aug 2022 11:21:47 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.