What are the key features that differentiate ETH2 from ETH?

Bragg BoysenMar 19, 2022 · 3 years ago1 answers

Can you explain the main differences between Ethereum 2.0 (ETH2) and the original Ethereum (ETH)? What are the key features that set them apart?

What are the key features that differentiate ETH2 from ETH?

1 answers

Mar 19, 2022 · 3 years ago
In addition to the technical differences, ETH2 also brings a new economic model to the Ethereum network. With the introduction of staking, users can earn rewards by locking up their ETH and participating in the consensus process. This incentivizes network participation and helps secure the blockchain. Furthermore, ETH2 introduces a gradual transition from ETH to ETH2, allowing users to migrate their ETH holdings to the new network at their own pace. This ensures a smooth and decentralized upgrade process, minimizing disruption to the Ethereum community.

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