Beacon Chain epoch

Hash

5470ea707ae3e0784cbf0d9fbcda40ae7e35e8b7978a89934058410bf9677e516...

01 Jan 2022 10:30:35 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.