Beacon Chain block 93528

Hash

41a2878c390290e69f611eeadd4b20bcd2cc4adcb82c34bebbf78ac3da9c3ab81...

21 Jan 2022 04:25:47 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.