Beacon Chain epoch

Hash

be620e247de13468c68684c0d823524585a1c31279b782f3c2860fec2b7bc7d49...

29 Sep 2022 08:35:23 UTC (1 year 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.