Beacon Chain epoch

Hash

50f45b54b01738c1094508a91c8a4515387a7379e4196ca601de0b11e68849e04...

08 Dec 2022 09:58:35 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.