Beacon Chain block 90093

Hash

78dc718ad8d0dd9bf465bc8da5b927d67549bd27beca87eace9526d493377b5d7...

05 Jan 2022 22:01:47 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.