Beacon Chain block 91730

Hash

d9353d27b40cbc4dbdccdf4c382462d47cc3acb5db390198c8df3bd7e544cec12...

13 Jan 2022 04:38:35 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.