Beacon Chain epoch

Hash

585e9cd75686ecce9bb6742196745ec8fb1bc391ea56f78b2e8195d586cf669d9...

05 Oct 2021 00:54:35 UTC (2 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.