Beacon Chain block 314921

Previous epoch

314,920
This epoch

314,921
Next epoch

314,922

Hash

bfe76ab8fd753070c3832f053ce1df87e3921e2560457efb90f7e5124407c9373...

Mined on

01 Oct 2024 03:40:59 UTC (4 months 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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