Beacon Chain block 91455

Hash

1d9d7b7a004357ca564b50986c5ad3f8f84c43d9af65ad73ef5463abfae0bf0f0...

11 Jan 2022 23:18:35 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.