Beacon Chain block 43103

Hash

9f6af7c02fe8ca46949ebeb37eb13a8b1190a83b554edf03d38aad88900b9a2ee...

11 Jun 2021 01:45:47 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.