Beacon Chain block 240554

Previous epoch

240,553
This epoch

240,554
Next epoch

240,555

Hash

18838711efd7da65c93b30f9600c4a78c072fe13b025493d1750e5fc5d3f58616...

Mined on

05 Nov 2023 15:12:11 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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