Beacon Chain block 240123

Previous epoch

240,122
This epoch

240,123
Next epoch

240,124

Hash

7f11d34c63f25bff70640898483a452d9f2f9804cce0b818f34d71a7da72379f4...

Mined on

03 Nov 2023 17:13:47 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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