Beacon Chain block 100176

Hash

9c01cceec8a121d771c581582bc67758d41d0c41ea645967af7e82e7babcea745...

19 Feb 2022 17:32:59 UTC (3 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.