Beacon Chain epoch

Hash

2d74d1535284e508d00db4a46826cacaf90bfaa0e0e5f2c3e7ad2157e5da17c2c...

15 Jan 2023 07:56:59 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.