Beacon Chain block 90123

Hash

31edf17b1a70afd7b4681525778582c2fe990de0bbb3157ebb457c09869cd0828...

06 Jan 2022 01:13:47 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.