Beacon Chain block 100321

Hash

c5b9a4ab2a8f0f2f95c713c20a1d6b252159b64d27ca063051cd47ddbbbe11d02...

20 Feb 2022 09:00:59 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.