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To bring Ethereum into the mainstream and serve all of humanity, we have to make Ethereum more scalable, secure, and sustainable.
Ethereum needs to support 1000s of transactions per second, to make applications faster and cheaper to use.
Ethereum needs to be more secure. As the adoption of Ethereum grows, the protocol needs to become more secure against all forms of attack.
Ethereum was energy-intense until recently. The transition to proof-of-stake brought a network energy reduction of over 99.9%.
How are we making Ethereum more scalable, secure, and sustainable? All while keeping Ethereum's core ethos of decentralization.
Ethereum upgrades aim to improve the network's scalability, security, and sustainability. Ethereum has recently undergone some major upgrades to security and sustainability, and there are more coming in the future, especially relating to scalability.
The Beacon Chain brought staking to Ethereum and laid the groundwork for future upgrades. It coordinates the new proof-of-stake Ethereum.
Mainnet Ethereum merged with the proof-of-stake Beacon Chain, marking the end of energy-intensive mining.
Sharding will expand Ethereum's capacity to store data, and work harmoniously with L2s to scale throughput and reduce network fees. Sharding will be rolled out in multiple stages.
The term 'Eth2' was commonly used before The Merge but is being phased out in favor of more precise terminology. More on The Merge.
Since merging 'Eth1' and 'Eth2', there are no longer two distinct Ethereum blockchains; there is only Ethereum.
To limit confusion, the community has updated these terms:
These terminology updates only change naming conventions; this does not alter Ethereum's goals or roadmap.
One major problem with the Eth2 branding is that it creates a broken mental model for new users of Ethereum. They intuitively think that Eth1 comes first and Eth2 comes after. Or that Eth1 ceases to exist once Eth2 exists. Neither of these is true. By removing Eth2 terminology, we save all future users from navigating this confusing mental model.
As the roadmap for Ethereum has evolved, Ethereum 2.0 has become an inaccurate representation of Ethereum’s roadmap. Being careful and accurate in our word choice allows content on Ethereum to be understood by the broadest audience possible.
Unfortunately, malicious actors have attempted to use the Eth2 misnomer to scam users by telling them to swap their ETH for ‘ETH2’ tokens or that they must somehow migrate their ETH before the Eth2 upgrade. We hope this updated terminology will bring clarity to eliminate this scam vector and help make the ecosystem safer.
Some staking operators have also represented ETH staked on the Beacon Chain with the ‘ETH2’ ticker. This creates potential confusion, given that users of these services are not actually receiving an ‘ETH2’ token. No ‘ETH2’ token exists; it simply represents their share in that specific providers’ stake.
Key to the Ethereum upgrades is the introduction of staking. If you want to use your ETH to help secure the Ethereum network, make sure you follow these steps.
To stake on Ethereum you'll need to use the launchpad - this will walk you through the process.Visit staking launchpad
Before you stake your ETH, be sure to check you've got the right address. You must have gone through the launchpad before doing this.Confirm deposit contract address
The Beacon Chain brought staking to Ethereum. If you have ETH, you can do a public good by securing the network and earn more ETH in the process.
Get the latest from the researchers and developers working on the Ethereum upgrades.
Ethereum researchers and enthusiasts alike meet here to discuss research efforts, including everything related to Ethereum upgrades.Head to ethresear.ch