Beacon Chain block 97990

Hash

6c88816d55a58dc007d88e6005d8b2a3c3a1e33dfd5121d6197f0aa5c9d2cced9...

10 Feb 2022 00:22:35 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.