Beacon Chain epoch

Hash

1f5e6dcc886939810b47ab6bfb1b7f5fe0905a63370d093e8d0d24573a7ba4e13...

12 Oct 2021 20:00:11 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.