Beacon Chain block 247959

Previous epoch

247,958
This epoch

247,959
Next epoch

247,960

Hash

3fe09992b5e1410ad9e97939c940bf5fa89eaeae79ab5eeb8b4cdbd7fab7f8404...

Mined on

08 Dec 2023 13:04:11 UTC (1 year 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.

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