Beacon Chain epoch

Hash

db130b0b7bcf0785faff6e6d14bf572dfc513dcd41fdf049c5fc7825f23b536e7...

18 Jun 2021 09:45:47 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.