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.
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
I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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