Beacon Chain epoch

Hash

869a6530430d79e9f18e148c409cf3bbbaa6186be6ece5806ba245bfcb875dd14...

16 Jan 2023 14:01:47 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.