Beacon Chain epoch

Hash

44333bc31cecfcb2a4d7f4e484560117008fd4f82322aa28f2683cc84f6dbb6e8...

04 Sep 2022 19:02:35 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.