Beacon Chain epoch

Hash

08491b9aaff7e5b5819d8b9a1f21f2332a815c92cd5127a586484df4361a7561b...

02 Jan 2023 08:28:59 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.