Beacon Chain block 148147

Hash

d0d349dd2ac551563c3a7c8c94d3c6509101b76f1d362036cf35f55b78f6ba0fc...

20 Sep 2022 22:27:23 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.