Beacon Chain block 81235

Hash

299065cb9cd1443a6e1fb06c2a2361841664d378178828b25ea9a3f4c69114479...

27 Nov 2021 13:10:35 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.