Ethereum 2.0 is about to be released again. What are the technical upgrades this time?

Sajjad Hussain
Oct 18 · 2 min read
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Joseph Lubin, co-founder of Ethereum and founder of software company ConsenSys, recently revealed in an interview on Baseline Protocol’s YouTube channel that Ethereum 2.0 will indeed come soon: “Ethereum 2.0 is coming. We are now in what we think is the final test. The intermediate stage of the network. Among the many Ethereum 2.0 clients developed by different teams, we have performed many smooth operations on the testnet. Ethereum 2.0 will improve the scalability, throughput and security of the Ethereum public main network. Features, these are what Ethereum 1.0 lacks. The highly anticipated beacon chain will become the backbone of Ethereum 2.0.

Ethereum’s current influence has surpassed Bitcoin, and it has become one of the mainstream currencies leading this year. The current price of Ethereum is around 2,600, with a historical high of 10,200. From its scale and world consensus, it is only second For Bitcoin, which is called digital gold.

Bitcoin and Ethereum are basically produced by mining. Bitcoin miners in the early years have basically earned many times and have achieved financial freedom. Bitcoin’s richest man Li Xiaolai is a good example.

In the past month, Ethereum miners have been circulating a saying that a five-year-old miner who digs and sells Ethereum every day can buy an imported Land Rover. This wave of income is stronger than that of the miners who dig Bitcoin. And Ethereum 2.0 will be released soon, which I believe will bring a lot of shock. Short-term mining profits are considerable.

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