Ethereum 2.0 was released on December 1, 2020, the beginning of Ethereum’s upgrade away from its present, limiting the mining consensus procedure. Etherem opted to shift towards the PoS (Proof of Stake) mechanism to eliminate challenges revolving around the mining of crypto assets that include huge costs, scalability, and network …
Read More »Beacon Chain: The New Start Of Ethereum 2.0?
A massive new structure has been built alongside Ethereum (ETH). The core of the said structure is the Beacon Chain that reforms the consensus model from the Proof of Work (PoW) to the Proof of Stake (PoS). This stated Beacon Chain is the heart of the second generation of Ethereum. …
Read More »What Is Ethereum 2.0 And Why Is It Important?
The Ethereum 2.0 has been working for its launch, and finally, it is on its way. This massive update which is also known as ETH2 or “Serenity” focuses to address the security and scalability of the Ethereum network as it alters from PoW (Proof of Work) to PoS (Proof of …
Read More »Will The Latest Ethereum Upgrade Increase The Ether Price?
The entire digital currency market is quite excited about the current Ethereum upgrade. It is expected to have a positive impact on the investors as it is predicted to bring in a lot of transparency in respect to transaction fees on the network, according to experts. Let us have a …
Read More »