Beacon Chain epoch

Hash

573e80ea09b0862e148108efa5a2668b2d8f25518a1298ecb091c96becc7160cc...

12 Mar 2023 18:56:11 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.