Beacon Chain epoch

Hash

3311bc397ef14ce3315dcffc77d07f3bda5829f9b1fdfe08222155423866ff922...

17 Sep 2022 04:32:11 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.