Beacon Chain block 105760

Hash

2e57b5343a8ed83d6f62a0d5a254954e8604f66e234522ccb6fc8b9a6b53de857...

16 Mar 2022 13:10:35 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.