Beacon Chain epoch

Hash

f6116418d5fab5b743d62483d20d3a00a389ab528590054c1fa6d2b95ccaed4d5...

22 Aug 2022 06:33:47 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.