Beacon Chain epoch

Hash

9d27af1b15db972e72ecf60d6d1d4d27c2efe38b4d7640529d1289abd6b3d0d91...

09 Feb 2022 05:48:59 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.