Beacon Chain epoch

Hash

fcb80077f290607e51358c5c054bd8b2ec82e02ded7ccf3a1268184dd97840e57...

16 Nov 2021 16:16:11 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.