Beacon Chain epoch

Hash

d2565e41b4f4fe3eeee3a92f3cb60b399be38162ae5fd800f2a52701096a0064a...

10 Apr 2023 07:37:47 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.