Ethereum 2.0 Explained | CoinDesk Stakes 32 ETH on Beacon Chain

On Dec. 1, we officially logged in to the beginnings of Ethereum 2.0 with the networks Serenity upgrade, marking the beginnings of a transition to a proof-of-stake consensus mechanism. Just like the launch of Ethereum, this upgrade will be deployed in four phases.

CoinDesk tech reporter Will Foxley explains why the developers favored proof-of-stake, the phases of deployment and why CoinDesk is staking in Ethereum 2.0.

Watch our previous video in the series chronicling Ethereum’s journey to Serenity:

#Ethereum #Eth2 #staking #proofofstake
#cryptocurrency #digitalfinance #finance
Subscribe to CoinDesk on YouTube:…


CoinDesk Podcast Network: spotify:show:2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: spotify:show:7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.