Beacon Chain block 16410

Hash

8087beb577780ed5c31c59a1a51cdf70a2dea5b02019a47b0b949bfbcb81a7c62...

12 Feb 2021 10:30:35 UTC (3 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.