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What Is Ethereum 2.0 And Why Does It Matter?

Ethereum 2.0 is a long-awaited upgrade to the Ethereum (ETH) network that’s promised significant improvements to the functionality and experience of the network as a whole. Some of the more notable upgrades include a shift to Proof of Stake (PoS), shard chains, and a new blockchain at the core called the beacon chain. All of this and more […]

Updated May 14, 2022

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Ethereum 2.0 is a long-awaited upgrade to the Ethereum (ETH) network that’s promised significant improvements to the functionality and experience of the network as a whole. Some of the more notable upgrades include a shift to Proof of Stake (PoS), shard chains, and a new blockchain at the core called the beacon chain. All of this and more is expected to be phased in through a carefully planned roadmap.

But that’s just the tip of the iceberg. With Ethereum being one of the most popular cryptocurrencies on the planet, there are important details to what Ethereum 2.0 truly is and how it’ll impact the crypto-verse as a whole.

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What Is Ethereum 2.0 And Why Does It Matter?
Ethereum 2.0 is a long-awaited upgrade to the Ethereum (ETH) network that’s promised significant improvements to the functionality and experience of the network as a whole. Some of the more notable upgrades include a shift to Proof of Stake (PoS), shard chains, and a new blockchain at the core called the beacon chain. All of this and more is expected to be phased in through a carefully planned roadmap. But that’s just the tip of the iceberg. With Ethereum being one of the most popular cryptocurrencies on the planet, there are important details to what Ethereum 2.0 truly is and how it’ll impact the crypto-verse as a whole.

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