Beacon Chain epoch

Hash

ca26773b6eddcc2e2caf87364ae4049e8f657c130f2194da828745130c972dabf...

25 Aug 2022 07:37:47 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.