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: https://www.youtube.com/watch?v=zgowjawT3Vg
#Ethereum #Eth2 #staking #proofofstake
#cryptocurrency #digitalfinance #finance
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