Beacon Chain block 100458

Hash

f3b1cd21d423bf26d9ca443212966992ad4d90ac91590a46ac57248bc3ff75056...

20 Feb 2022 23:37:47 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.