Beacon Chain epoch

Hash

e8ed64145399cef5225a13ec0405465644d97477b3e2059da2b7279c2d7048619...

25 Mar 2023 20:38:35 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.