Beacon Chain epoch

Hash

c3b1dfd948d6436dcec8e798582e24db3c59c1aedf4f570f58053de3a9e968fff...

19 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.