Beacon Chain block 95146

Hash

541c6cbe9a88ff6df59c6d32371784f8672b2833ae0575d25c097934a2bc73d98...

28 Jan 2022 09:00:59 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.