Ethereum 2.0 is the next stage of Ethereum’s evolution and will be launched over four phases – Phase 0, Phase 1, Phase 1.5, and Phase 2. These phases will bring in exciting features like proof-of-stake and sharding. At the end of the article, take the quiz and earn 1000 SATs
The likes of Lindsay Lohan, Paris Hilton, and Rob Gronkowski have made NFTs a household term. NFTs stand for “non-fungible tokens,” i.e., they are unique and can be considered a “crypto-collectible.” The most popular token standard used for NFTs is “ERC-721.” Come, find out more.
EIP-1559 has become one of the hottest topics of discussion among Ethereum developers and miners. Some say this will be one of the most important upgrades that Ethereum will go through and make the DeFi ecosystem richer than it already is. While others believe the upgrade will rob Ethereum miners of their hard-earned money. Which side of the debate do you fall on?
With Ethereum 2.0 right around the corner, everyone is reading up on proof-of-stake (PoS) and its changes to the ecosystem. As things stand, the transition to PoS is already underway, with Ethereum successfully launching the beacon chain in December 2020. The beacon chain already has 108,544 active validators who have staked around 3.47M ETH tokens. So, as we stand at the cusp of an event that’s been nearly 5 years in the making, let’s take a look behind the scenes.