Ethereum 2.0 Upgrades Explained - Sharding, Beacon Chain, Proof of Stake

Summary

Whiteboard Crypto walks through Ethereum's roadmap: the Beacon Chain (Ethereum's PoS coordination layer), The Merge (switching from PoW to PoS), and the planned sharding upgrade that will further scale the network.

Key Concepts

Things To Remember

• The Beacon Chain launched in December 2020 — it was Ethereum's PoS coordination layer.
• The Merge in September 2022 connected the Beacon Chain to the main Ethereum network.
• Sharding will split the Ethereum network into smaller parallel chains to increase throughput.
• These upgrades are designed to make Ethereum faster, cheaper, and more energy-efficient.

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