The blockchain landscape is on the cusp of a revolution with the gradual rollout of Ethereum 2.0, also known as Eth2 or 'Serenity.' This long-awaited upgrade to the Ethereum network promises to address some of the most critical issues faced by the blockchain community today—scalability, security, and sustainability. As Ethereum transitions to a Proof of Stake (PoS) consensus mechanism from its current Proof of Work (PoW) system, let's explore the transformative impact Eth2 is expected to have on the broader blockchain ecosystem.
Understanding Ethereum 2.0
Ethereum 2.0 represents a series of...