Beacon Chain epoch

Hash

1f2490d59e6abc16bfc2c8d677de20822f32e9b5c1754e5d3e101b8df38460850...

23 Dec 2021 22:33:47 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.