Beacon Chain epoch

Hash

375fa8487fb458fcfd4d0451243db4a6419a7116fe054970641f82238577db5b6...

09 Jan 2023 11:28:11 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.