Beacon Chain epoch

Hash

4ed5a43561d3ddfd7e8d74aa022227efd5e2b4d9624c4c6d6f5d1be05ac283698...

29 Dec 2022 05:04:11 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.