#TariffPause #EthereumFuture $ETH

Ethereum 2.0: The Transition to Proof of Stake

Ethereum's process-of-work (PoW) consensus algorithm is controversial at best. Specifically, security and decentralization are all based on PoW (computational, high energy, and cost-consuming). Due to the growing popularity of Ethereum, the same increase in scalability and energy consumption is at the top problem to be solved, and thus, the Ethereum community has presented an Ethereum 2.0 relief as a solution.

#EthereumFuture 2.0 involves a significant upgrade to Ethereum's architecture. The most radical reorientation in this sense will be the paradigm change from the proof of work (PoW) scheme to proof of stake (PoS) scheme. The application in PoS is different from miners, instead of miners, it is the address that is the validator, and instead of Items (i.e., computing tasks) that must be selected in advance so that a transaction can be accomplished before a transaction can be, the address is selected based on the collateral (i.e., the amount in ETH) of the address.

The rollout of the Ethereum 2.0 transition "graduated cascade" rollouts) is not yet complete. The purpose of this roll-out is an online, end-to-end, power saving, working, blockchain-integrated, Ethereum.

The next step will be made more easily in the context of Ethereum itself, as an actor in blockchain platform communities over the long term in a more robust way, without the necessity of workarounds to the congestion fee and latency of the blockchain.#Ethereum #ETCUSDT