Beacon Chain block 4448

Hash

01580463be2df94de4b02f79d570a08ce22160ab830de8fb97585b06bb8e49667...

21 Dec 2020 06:33:47 UTC (4 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.