Beacon Chain block 92836

Hash

a79d5986a05bc9f82b573e70f20029df6117aaef4f08cc326e9fbd4dd44af6900...

18 Jan 2022 02:36:59 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.