Beacon Chain block 95546

Hash

b484a068100bd298ee0a8497fc8d34a0e954f35d31ea8c8e8ee58fc6ceeae3066...

30 Jan 2022 03:40:59 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.