Beacon Chain epoch

Hash

7c7ce9ce1179e887a01a6ad658be546b0fdf498adc4140435d450419314d9f8a1...

23 Oct 2022 20:32:11 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.