Beacon Chain epoch

Hash

b715da77b0fe0b76b3736827b8b6288ce55ccb559e14d05e1573c484b5f293835...

16 Jan 2023 13:23:23 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.