Beacon Chain epoch

Hash

add1ee2c89939d87d4b447574e20d219d75cf35c287b7d76299c55ff817238365...

21 Oct 2022 04:19:23 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.