Beacon Chain epoch

Hash

9c2906768d7cb6f7d4bcd503f26c664f8b52346313bcfab2fd450a0410859fd3a...

22 Feb 2023 03:28:11 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.