Beacon Chain epoch

Hash

79c91b8ba79234048d47944b32631a4c36e115e81b98b4872a13811a68f0e395c...

21 Oct 2022 13:23:23 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.