Beacon Chain epoch

Hash

3d86ed06324ab1a0aadfa5b2659261e39fa6a5ee09af0e4795c06889d99d89b43...

23 Jan 2023 23:56:59 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.