Beacon Chain epoch

Hash

d8e9c9d09fc9e12f9980d00e105e4bf2cf1611d51e081b223d15b34a3699f9700...

12 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.