Beacon Chain block 95531

Hash

af9c99641f2f463ba9eb3f1ecc855b735e7cc4ec25adec3406d3c574d41ee0eb9...

30 Jan 2022 02:04:59 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.