Beacon Chain block 28174

Hash

2a8e0115f4243f17289d732c88012d80b32db2f3d43b916f7ac0872203b906ac6...

05 Apr 2021 17:20:11 UTC (3 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.