Beacon Chain epoch

Hash

3858f560d71909ee4404a3439c0cd300611863eedd4f7c7254ea1f68e37eb4e27...

12 Jan 2023 05:48:59 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.