Beacon Chain epoch

Hash

e6eddb8f9c1ff95dbce716ac738b372ae62a33cb3cf25d87d35bdab05af8e8422...

02 Apr 2023 20:12:59 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.