Beacon Chain epoch

Hash

6f570ebf430f7055429ae5e561b7c6b6baab07a0ece896021cfc9922b85e38c79...

06 Oct 2022 11:02:35 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.