ETH 2.0 is a highly anticipated update to the Ethereum network | Moonpoly Announcement
ETH 2.0 is a highly anticipated update to the Ethereum network that promises to improve the scalability, speed, efficiency, and resilience of the network without sacrificing security and decentralization, among other things. The ETH community aims to achieve all of this through upgrades in three phases.
September 15 was a truly historic moment for the entire crypto market. Blockchain, the second largest cryptocurrency by capitalization, Ethereum, switched from the Proof of Work algorithm to Proof of Stake. A minor spoiler: the merger went without errors, and the network was successfully updated, despite unceasing disputes and contradictions in the opinions of crypto community members.
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