Beacon Chain block 85382

Hash

73577148775b9895256130dbe647930b7cc4b455f3bfd4f3c99bc7003fa7b93c5...

15 Dec 2021 23:31:23 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.