Beacon Chain block 82135

Hash

eda4226f2c478c279eaca4271256387c4fced4c9f9b08c1fd00dc764416919991...

01 Dec 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.