Beacon Chain epoch

Hash

2ee4dd9c9b22c79e838567efe21803c2667e2d584844a02b927a2b3df134a62ff...

11 Apr 2023 04:06:35 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.