Beacon Chain block 95910

Hash

41bb10fee507300e6a79d57c7d77dba37633f642bf4dfb79bb9c2afe8f7cbb866...

31 Jan 2022 18:30:35 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.