Beacon Chain epoch

Hash

543d0fc5a5dbbb0f689a6fb4fc2c97dcb2c23f53c06b2d1e076bceaca64471e92...

22 Jan 2022 10:43:23 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.