Beacon Chain block 91991

Hash

fb3036ea6d1127d71b69cfb1453984ebef0779c6bb0b8c1839bf34b10707ada56...

14 Jan 2022 08:28:59 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.