Beacon Chain epoch

Hash

25ae772bad39fa8c3e93d28966891cbcc59a308cc6ec18bdcd1d0577141c5dfbd...

17 Jan 2023 10:43:23 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.