Beacon Chain epoch

Hash

1dc4f87bdf462d392830ca89be22df379dd709f7a7aec4fbe58b93e0089252793...

10 Oct 2022 05:42:35 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.