Beacon Chain epoch

Hash

deb25b38c49a26d6aceb3fd02730bc36dc5b5266d3ba991486a82454526827147...

23 Jan 2023 23:18:35 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.