Showing posts from November, 2020

Ethereum 2.0 Staking, Real Opportunities And Investment Potential

  The long-awaited Ethereum 2.0 upgrade, also known as serenity, is almost upon us, and it’s perceived in the cryptospace to be a momentous shift in comparison with those from the past half-decade. The upgrade will take effect in three phases and span a couple of years. Although full-blown scalability only becomes evident with the implementation of the last phase, the foremost phase is also as important. The first phase will mark the unveiling of Ethereum’s Proof-of-Stake (POS) Beacon Chain, laying the path for the next phase introduction of scalability via sharding, and the eventual merging of the ETH and ETH 2.0 network. The Ethereum 2.0 upgrade is set to combat the network’s long-standing scalability issues by transitioning from a Proof-of-work to a Proof-of-Stake (POS). As you may already know, Proof-of-Stake in itself simply means staking a certain value of cryptos to become a node validator and earn a stake. The question now is, “how will staking play out in ETH 2.0?” Let’s