With the migration to Ethereum 2.0, which started in December 2020, Ethereum is about to undergo a significant upgrade.
This change uses Proof of Stake (PoS) to address excessive fees and network congestion.
The Beacon Chain was launched in Phase 0, and the Merge, which is anticipated to occur in early 2022, will combine Ethereum 2.0’s consensus layer with the network’s current structure. Kintsugi, Ethereum’s first public testnet, was introduced in advance to provide the community a chance to investigate the post-merge environment and raise issues.
Security is still a top concern as Ethereum develops, despite the fact that dApps are still subject to assaults, like as the $120 million loss suffered by BadgerDAO recently. Will you embrace the revolution of Ethereum?
