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Question

When eth 2.0 coming?


Answers (1)

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Arsalan Afzal
Jan 28, 2022 17:13:20

Ethereum 2.0, also known as Serenity, is scheduled for release in late 2022 or early 2023. It will feature a completely new blockchain protocol that will be incompatible with the existing Ethereum network. This means that holders of ETH will need to convert their tokens to the new currency in order to use the Ethereum 2.0 network. The new protocol will be based on proof-of-stake rather than proof-of-work, and it is expected to be much more efficient and scalable than the current Ethereum network. transaction times are expected to be reduced from 15 seconds down to just 3 seconds, and the maximum capacity of the network is predicted to be increased by up to 100x.

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