Beacon Chain epoch

Hash

04757c01dffc7b94682516cc18da3a66d3ae0b9e16766ae123b2c0cbf3a44f0fc...

07 Apr 2023 05:29:47 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.