ETH 2.0, also known as Ethereum 2.0, is an upgrade to the Ethereum blockchain. It aims to improve the network’s scalability, security, and sustainability. One of the key features of ETH 2.0 is the transition from a proof-of-work to a proof-of-stake consensus mechanism. This change is expected to make the network more efficient and environmentally friendly.
Another important aspect of ETH 2.0 is the introduction of shard chains, which are smaller chains that run in parallel to the main Ethereum chain. This is designed to increase the overall capacity of the network, allowing it to process more transactions at a faster speed. Additionally, ETH 2.0 will also bring other enhancements such as improved smart contract functionality and better overall user experience.
Overall, ETH 2.0 is expected to address some of the current limitations of the Ethereum network and pave the way for its continued growth and adoption in the future.
