Beacon Chain block 90421

Hash

bda7600064f4aaa82ad7dc4fefb1c2ba2a1c9f3f6e0bb264a1f23e734c1d6de0d...

07 Jan 2022 09:00:59 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.