Beacon Chain epoch

Hash

8ecc64138f50c20ad847c31b3bd3c9aba2ee6728bf59394d2bb87000a02f2084d...

13 Jan 2023 20:00:11 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.