Beacon Chain epoch

Hash

387d4857dfcfe1cfc4b4cfaa60e376c48295010ebb861a7a5a8f9b25a3942d961...

07 Dec 2022 09:32:59 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.