Beacon Chain epoch

Hash

a7d46490ef0173744dd1d9b0ab06ca6d6970b9f363286fc506319bd8d458afc54...

20 Oct 2022 21:48:59 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.