Beacon Chain block 90829

Hash

a371857fcc39576cc9a3b8b2f3c8f9b8199553f6f3ab3f8307090e355d28cc5de...

09 Jan 2022 04:32:11 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.