If you love Ethereum, then you’ll be happy to know that Ethereum 2.0 is on the horizon. Ethereum 2.0 will be a total game changer when it comes to cryptocurrency and delivers long-needed updates to the network. Ethereum has long been one of the most popular cryptocurrency and its network alone has helped to introduce countless cryptocurrency projects that have made world-changing developments and progress in cryptocurrency.
However, one of the main problems with Ethereum is the fact that it does not have significant scaling power to serve the amount of people that are interested in holding the currency. Ethereum has outgrown its original development, and is in need of upgrading.
Ethereum 2.0 Scales Ethereum
There are many amazing benefits to Ethereum, but it is becoming more and more congested by the day. As more people want to access the network, transactions have become slower and more expensive increasingly. This has created a halt to the progress and use case of the cryptocurrency, and in many ways is contributing to a potential downfall of the currency as a bluechip of cryptocurrency.
Ethereum 2.0 is an effort to take the amazing progress that Ethereum has achieved and upgrade the network.