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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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The long-planned upgrade to the Ethereum network aims to solve problems with the network’s scalability and security. In its first phase, the blockchain “world computer” will switch to a proof of stake consensus mechanism. In brief Ethereum, the second-largest cryptocurrency by market cap, is planning a major update to its network. The Ethereum 2.0 upgrade aims to address the network's scalability and security. The first phase of the upgrade, due in 2020, will see Ethereum switch to a proof of stake consensus mechanism.
The long-planned upgrade to the Ethereum network aims to solve problems with the network’s scalability and security. In its first phase, the blockchain “world computer” will switch to a proof of stake consensus mechanism. In brief Ethereum, the second-largest cryptocurrency by market cap, is planning a major update to its network. The Ethereum 2.0 upgrade aims to address the network's scalability and security. The first phase of the upgrade, due in 2020, will see Ethereum switch to a proof of stake consensus mechanism.
>"Ethereum 2.0's first phase will see Ethereum switch from a proof of work consensus mechanism to a proof of stake model."
>"Ethereum 2.0's first phase will see Ethereum switch from a proof of work consensus mechanism to a proof of stake model."
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