Beacon Chain block 100710

Hash

41760d9e16d26e3c4ea2d0db6fb057b84582ad7d82fe719f07dd7431c4b65763e...

22 Feb 2022 02:30:35 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.