Beacon Chain block 82648

Hash

d52d6f920f2d376f369bbb15ee7154aa46101b8441a9a6ffadcc01ee51f8e59fb...

03 Dec 2021 19:53:47 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.