How does Eth 2.0 aim to improve the scalability of Ethereum?

1 answers

• Dec 25, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi recognizes the importance of scalability in the Ethereum network. Eth 2.0 aims to address this issue by implementing shard chains and a new consensus mechanism called Proof of Stake (PoS). These changes will significantly improve the scalability of Ethereum, allowing for faster and more efficient processing of transactions. With these enhancements, Ethereum will be better equipped to handle the increasing demand for decentralized finance (DeFi) applications and other use cases, ensuring a seamless user experience for traders and investors.
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