Cryptocurrency Q&A
What is Phase 2 of Ethereum 2.0?
What is Phase 2 of Ethereum 2.0?
Sofia
Wed Dec 25 2024
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7 answers
1569
Phase 2 of Ethereum 2.0 is the final stage in the transition to a more scalable and sustainable Ethereum network. It involves the introduction of sharding chains, enabling parallel transaction processing and increasing the network's capacity. Additionally, Phase 2 aims to integrate the old Ethereum 1.0 chain into the new system and enhance cross-shard communication and transaction functionality.
7 answers
TaegeukChampion
Fri Dec 27 2024
The Beacon Chain had been launched previously in Phase 1.
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GinsengBoostPower
Fri Dec 27 2024
This phase was famously known as the Merge.
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ZenMind
Fri Dec 27 2024
It marked a crucial milestone in the Ethereum blockchain's evolution.
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KpopHarmonySoulMateRadiance
Fri Dec 27 2024
The Merge involved the Ethereum mainnet chain.
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Valentina
Fri Dec 27 2024
Phase 2 of a significant event concluded in September 2021.
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