Beacon Chain epoch

Hash

6e7a4e01e39b7e832ac22c4f7a68d3b7420772a07193e36a5783422e3db0e123d...

09 Feb 2023 17:07:23 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.