Beacon Chain epoch

Hash

cb13bd2b95cd4f3059fba5748609a998bc8f701e87d382b845d0fa03a25c7f2a2...

06 Apr 2023 23:31:23 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.