Beacon Chain block 136330

Hash

843c971f6a1224ce0b1e2eb2c511b9486061a91c3192b90bfd9c344b4f85e1e2f...

30 Jul 2022 09:58:35 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.