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eth 2.0 eth2 ethereum 2 ethereum 2.0 ethereum proof-of-stake ethereum serenity

Breaking Down ETH 2.0 - The Next Generation of Ethereum

Written By Ivan on Tech

Jun 09, 2020

Ethereum is one of the most well-known blockchains, and it is about to receive a significant upgrade. The crypto community is now keeping an eye out for ETH 2.0, and for a good reason. The 2.0 upgrade will bring a host of changes to the network that will make Ethereum faster and more secure than ever before. The changes that this upgrade is going to bring in a host of changes like - proof-of-stake, Sharding, eWASM, Plasma, and the Raiden Network. 

Timeframe for ETH 2.0

Ethereum 2.0 has been an open secret for quite some time now. When Ethereum was initially released, it was done so in five stages. This was done to give each step the proper development time it required:

  • Frontier: This stage came around July 2015, when Ethereum was first launched. This is often known as stage 0.
  • Homestead: Ethereum entered this phase around March 2016. 
  • Metropolis: This stage has two forks - Byzantium and Constantinople.
  • Serenity: The final phase of Ethereum 1.0 will have at least...
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