Beacon Chain epoch

Hash

9ac66e91a6a53ca6062e7059c617cea737dbb2348c85771d2a7819eab58380730...

28 Oct 2021 22:14:35 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.