Beacon Chain block 100575

Hash

3f8c3564c30d4cab72ee7ceaeafc41ee5843dee91ea1acd04ee16db93af6e0e6a...

21 Feb 2022 12:06:35 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.