common-close-0
BYDFi
Trade wherever you are!

What are the key features that differentiate ETH2 from ETH?

avatardqfDec 17, 2021 · 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?
Ethereum
ETH2
Cryptocurrency

1 answers

  • avatarDec 17, 2021 · 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.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions