Beacon Chain epoch

Hash

dc24e1b278546d465884d18b3606dbd25cf1dd9801a9458f61953ea2cb9bafd14...

02 May 2021 08:28:59 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.