Beacon Chain epoch

Hash

6d4458541096e573251e8ff40ed4d9fe3874a08712631dceda928afc69efc9ca6...

13 Nov 2022 22:08:11 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.