Beacon Chain epoch

Hash

e02af825abba0b6770e9d49e170a7d31c01a9bc2234cb914588c091152166a7dd...

16 Feb 2023 01:39:23 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.