So what is the long-awaited Ethereum 2.0 all about? What is Proof of Stake, the Beacon Chain, Sharding and Docking? And what are the different phases of their rollouts? You’ll find answers to these questions in this video.
Let’s start with an overview of what Ethereum 2.0 is and why it’s even needed in the first place.
Ethereum 2.0 a.k.a Eth2 is a set of interconnected upgrades to the Ethereum network that aims at making Ethereum more scalable, more secure and more sustainable. These changes are worked on by multiple different teams in the Ethereum ecosystem, each team focusing on building a specific part of the whole upgrade.
Initially, the set of changes needed to achieve these goals was called “Serenity”, but now most people refer to it as Ethereum 2.0 or just Eth2.