Beacon Chain epoch

Hash

39106de8dd53c877be5314c9aeeb5ecb1c83431efc3ea699eccf44f4109e21c80...

04 Nov 2022 04:51:23 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.