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With ETH 2.0 just around the corner, now is a good time as any to look into one of the most critical updates it’s bringing along - proof-of-stake (PoS). In this article, we will look at why the current proof-of-work (PoW) system isn’t refined enough for future scalability needs and then see how eth 2.0 is looking to integrate PoS.
On December 1st, Ethereum 2.0 Phase 0 was officially launched, with the Ethereum 2.0 Beacon Chain launch. This is the first major release in Ethereum’s transition towards a proof-of-stake blockchain through Ethereum 2.0. As such, Ethereum staking has become a hot topic in the past two weeks. This article looks at Ethereum 2.0, the Beacon Chain, and the practicalities of staking ETH.
