Beacon Chain epoch

Hash

925bef532f376d6d7738ade168dda183f77dd8786ed9c89ec4329260b760a5f76...

19 Apr 2021 03:34:35 UTC (3 years 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.