Beacon Chain epoch

Hash

d4c772507b4640d622f4ee0d10bbebc9721f661a4d12100bfc745c3c74115475c...

17 Feb 2023 06:14:35 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.