Beacon Chain epoch

Hash

583468a6981a8e3995f01f763a4eaedb24085f3be4f9b798d7060a5efd5005446...

23 Jan 2023 23:24:59 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.