Beacon Chain block 86001

Hash

df6155aefff61ab1eeb700d0db4d3b92c48fa7fddc3cc676044df24e311435657...

18 Dec 2021 17:32:59 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.