Beacon Chain block 43636

Hash

33df0a8c90157ceb074d3b2e0d3ed1f11f7259d3ed88a127e4ce9422593c8310e...

13 Jun 2021 10:36:59 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.