Beacon Chain block 22180

Hash

6b25516f27bfcfed9f0390dc871fecaf687a8aac6f8bdb6ac5c9863668b6ab1c4...

10 Mar 2021 01:58:35 UTC (4 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.