Beacon Chain block 90251

Hash

e4029b0cae9af89fe3f0b4fa58d9a2dee571e58908a2f665e835d819f1e6dacf0...

06 Jan 2022 14:52:59 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.