Beacon Chain block 318691

Previous epoch

318,690
This epoch

318,691
Next epoch

318,692

Hash

51b2e7bcb6218494391acf7c1aaffb9f0658d0a380178202c81999906c9e996f4...

Mined on

17 Oct 2024 21:48:59 UTC (4 months 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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