Beacon Chain epoch

Hash

72bac3df481bd111229a3927b2ca66e8054cc1451230fa8bcdf5d1e8826954e3a...

18 Jun 2021 09:52:11 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.