Beacon Chain block 91095

Hash

b40d0139cec71ff1813aa0a1cd67d4deb3b4643714d90da82e724084e65cd4a7d...

10 Jan 2022 08:54:35 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.