Beacon Chain block 82077

Hash

910e78f7c9720793cddb60132bc2b72dd87e55913d0d03d8e2292d7fc09eb18f8...

01 Dec 2021 06:59:23 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.