Beacon Chain epoch

Hash

25d1e5137b55e23e0811cbd9fafdb370e3d163e7ac5a630998e7699eebfe38976...

22 Dec 2022 14:46:35 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.