Ethereum 2.0: The Future of Blockchain Technology
2 min readDec 14, 2022
Ethereum 2.0, also known as Eth2 or Serenity, is the highly anticipated upgrade to the Ethereum blockchain. This next-generation platform aims to improve upon the scalability, security, and sustainability of the existing Ethereum network.
One of the key features of Ethereum 2.0 is its use of proof-of-stake (PoS) consensus, which allows users to earn rewards by staking their ether (ETH) on the network. This is a significant departure from the current proof-of-work (PoW) model, which relies on mining for network security.