Beacon Chain epoch

Hash

20169199321d5489ad53d2de6b0b7939c3790d9cfcd56aeddc99769dadc064f43...

04 Dec 2022 23:44:11 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.