Beacon Chain block 97200

Hash

c6c7fb4d68a600352810a48276e360bcbdf244735b9937f772c337fdbd1cc455a...

06 Feb 2022 12:06:35 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.