Beacon Chain epoch

Hash

ada7708c7fb157f103bfc63c0db7fdaf118e4af7b8de23c682bd94d3a383135b5...

15 Dec 2021 17:26:35 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.