Beacon Chain block 68139

Hash

db8efe20ff03c73f43baf187b3eb695adb78ac5439891b5dacd5fee7a1fcb8a79...

30 Sep 2021 08:16:11 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.