Beacon Chain block 90482

Hash

3b3078b09aedd051616d016f9cd5eff0711602157643b70834a22d96e04f0c549...

07 Jan 2022 15:31:23 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.