Beacon Chain epoch

Hash

b98d5357d69fc2aacb9e09d605d2da7da330a7ebef757b47d3e502b815e039304...

06 Sep 2022 03:36:54 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.