Beacon Chain block 97678

Hash

8d4809def09b3a8e9009a0e81a3aaf089994a60ff5a48a9c12acee18bcb35f60c...

08 Feb 2022 15:05:47 UTC (2 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.