Beacon Chain block 99145

Hash

2a1e0566e015a8a8f3ad47834a98f7c1646d5c84baef8a6c2dde19043a0df7cd8...

15 Feb 2022 03:34:35 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.