Beacon Chain block 100546

Hash

ddf0001e553e0e109cdceb67c436de9780334a7fb3ad42049e1a55b090eff91b9...

21 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.