Beacon Chain epoch

Hash

4a5fab3b9de4561c149e038aaa13795dc09f56f85e0090fc34d3da316ce6026a9...

29 Dec 2022 20:32:11 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.