Beacon Chain block 91535

Hash

9b9010e080db32199ff9b8142b7d34f86d10aa1c371d3458d63aa7a8bf58beb30...

12 Jan 2022 07:50:35 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.