Beacon Chain block 105457

Hash

2398bb0adae8c121845bd853d3962b54e6a16acf89a765a238e701b1e1324def9...

15 Mar 2022 04:51:23 UTC (2 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.