Beacon Chain block 143666

Hash

83b26096b22ec2a2df80ab58ec3e2b5c543c1684d3da5b80c35ab96dd7207e3cd...

01 Sep 2022 00:28:59 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.