Beacon Chain block 10032

Hash

3ce1b0599a86cc4fd402c23feed76156e20778e484a3b523e97182a6324c281a8...

15 Jan 2021 02:11:23 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.