Ethereum 2.0 is coming – Here’s what you NEED to know

in #ethereum4 years ago (edited)


Ethereum 2.0 (“Serenity”) is an upgrade to the Ethereum Network which increases scalability, stability, and even brings economic changes. Ethereum 2.0 will involve sharding to drastically increase network bandwidth and reduce gas costs, making it cheaper to send Ethereum, tokens, and interact with smart contracts. There will be fundamental economic changes too, Ethereum 2.0 will allow supports to staking nodes and earn Ethereum as passive income. With Phase 0 close to deployment, we're finally seeing products being delivered.


https://www.youtube.com/watch?v=Z5gKKFszeAA



0:00 Intro
2:02 Economic changes in ETH 2.0
4:11 Ethereum Validators
6:05 Phase 0: Beacon Chain
7:27 Phase 1: Sharding
9:42 Phase 2: Combining everything
11:13 Conclusion & Realistic Roadmap

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Ethereum 2.0 Explained: https://boxmining.com/ethereum-2/

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I honestly don't trust them to do it anymore.