Ethereum 2.0 is a major upgrade to the Ethereum network that is currently in development. The main goal of Ethereum 2.0 is to improve the scalability, security, and efficiency of the Ethereum network. Some of the key features of Ethereum 2.0 include:
- Proof of Stake (PoS) Consensus Algorithm: Ethereum 2.0 will use a proof of stake (PoS) consensus algorithm, which is more energy-efficient than the proof of work (PoW) algorithm used by Ethereum 1.0.
- Sharding: Ethereum 2.0 will use sharding, which is a technique that allows the network to process transactions in parallel and improve scalability.
- Increased Transaction Throughput: Ethereum 2.0 is expected to have significantly higher transaction throughput than Ethereum 1.0, potentially up to 100,000 transactions per second.
- Better Security: Ethereum 2.0 will use more secure cryptographic primitives and will implement more robust security measures to protect against attacks.