Beacon Chain block 93343

Hash

062deeb73e8b1c155106c8a6aa1ec71589add664e939c3ddc8eeddbcfa7f45ffd...

20 Jan 2022 08:41:47 UTC (2 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.