Beacon Chain block 91825

Hash

8300cd33da2eb4f1df7c73201995b50d87e626c2586cbfe51411a79f40e23e688...

13 Jan 2022 14:46:35 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.