Beacon Chain epoch

Hash

ea944cbd41a82fd3d46052f74fe9e76f10bb2acbff0a5879c1dd9189dec876b00...

06 Dec 2022 09:07:23 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.