Beacon Chain block 164061

Previous epoch

164,060
This epoch

164,061
Next epoch

164,062

Hash

4fdb063cee86224b4d2953985c5d9de27e80901b0d973512b94fb991f6ca588d8...

Mined on

30 Nov 2022 15:56:59 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.

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