Beacon Chain epoch

Hash

e9603cd442c3e29f517108b5d60ca82664978c75f528dc56b8e2b66d8bb69fb6b...

30 Dec 2021 18:49:47 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.