Beacon Chain epoch

Hash

9f71cf83e72a9fcbb93ecb7f20dce79fefc15a41cad10177627906df83aea852d...

23 Oct 2022 12:51:23 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.