Beacon Chain block 98003

Hash

6b0cd79c01f15309d0fdffe1e5f864620b5c84c7eba94e9850d4101fd0f65b73f...

10 Feb 2022 01:45:47 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.