Beacon Chain epoch

Hash

8b9c9d1df1a2e0399b514657c58e880af36c20da1d3c33503b2ec6a30f533f954...

11 Dec 2022 20:38:35 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.