Beacon Chain epoch

Hash

7f8629b77332e6df30f8cdc59954202aa0e65c50539c13e3ab1c224365e2882a6...

12 Sep 2022 02:58:22 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.