Beacon Chain block 198300

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880c23c98c048e7ae6799c8812eaef58c64fbaebe27bb36921da77c091e195f17...

Mined on

01 May 2023 20:06:35 UTC (1 year ago)

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Blockchair Buggy

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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