Beacon Chain epoch

Hash

d284b46a3e05902b6aaf14f495c37ed5ab177baa1e663fccfddfc484e24b091c1...

13 Nov 2022 14:14:35 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.