Beacon Chain epoch

Hash

64c81f4371c497f9dacd27183fa68efd947a04b318388e1893d615bbb9fbb5aab...

07 Apr 2023 08:41:47 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.