Beacon Chain epoch

Hash

266527e2179ff8197ec7d0764c0f88e71e3b40da31808691a3ee55f024909dffe...

19 Dec 2022 10:24:11 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.