Beacon Chain epoch

Hash

be0ae2c340f17524d3f842850e7154f455efe80ac64c3ca1ea7d4058a198a064d...

22 Jan 2023 22:59:23 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.