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Ethereum / Ethereum 2.0

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Ethereum / Ethereum 2.0
Ethereum / Ethereum 2.0

Ethereum (ETH)


Ethereum is the community-run technology powering the cryptocurrency, Ether (ETH) and thousands of decentralized applications.

It’s a technology that’s home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It’s open to everyone, wherever you are in the world – all you need is the internet.

A fairer financial system

Today, billions of people can’t open bank accounts, others have their payments blocked. Ether’s decentralized finance (DeFi) system never sleeps or discriminates. With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world.

The internet of assets

Ethereum isn’t just for digital money. Anything you can own can be represented, traded and put to use as non-fungible tokens (NFTs). You can tokenize your art and get royalties automatically every time it’s re-sold. Or use a token for something you own to take out a loan. The possibilities are growing all the time.

An open internet

Today, we gain access to ‘free’ internet services by giving up control of our personal data. Ethereum services are open by default – you just need a wallet. These are free and easy to set up, controlled by you, and work without any personal info.

A new frontier for development

Ethereum and its apps are transparent and open source. You can fork code and re-use functionality others have already built. If you don’t want to learn a new language you can just interact with open-sourced code using JavaScript and other existing languages.

The community

The community is made up of people from all different backgrounds and interests.

Ethereum 2.0 (Eth2)


Ethereum 2.0 is a program of interconnected upgrades designed to make it more scalable, secure, and sustainable. This will help bring ETH into the mainstream and serve all of humanity.

More scalable

Ethereum needs to support 1000s of transactions per second, to make applications faster and cheaper to use.

More secure

Ethereum needs to be more secure. As the adoption grows, the protocol needs to become more secure against all forms of attack.

More sustainable

Ethereum needs to be better for the environment. The technology today requires too much computing power and energy.

How it’s being done

The Beacon Chain

The first Eth2 addition to the ecosystem. The Beacon Chain brings staking to Ethereum, lays the groundwork for future upgrades, and will eventually coordinate the new system.

With staking, this means if you have ETH, you can do a public good by securing the network and earn more ETH in the process.

The merge

Mainnet Ethereum will need to “merge” with the Beacon Chain at some point. This will enable staking for the entire network and signal the end of energy-intensive mining.
Estimate: 2021

Shard chains

Shard chains will expand Ethereum’s capacity to process transactions and store data. The shards themselves will gain more features over time, rolled out in multiple phases.
Estimate: 2022


Ethereum BSC contract:

0x2170ed0880ac9a755fd29b2688956bd959f933f8


Ethereum TomoChain contract:

0x2eaa73bd0db20c64f53febea7b5f5e5bccc7fb8b


Ethereum Heco contract:

0x64ff637fb478863b7468bc97d30a5bf3a428a1fd


Ethereum Avalance contract:

0xf20d962a6c8f70c731bd838a3a388d7d48fa6e15


Contact information

Website:  https://ethereum.org

Twitter:  https://twitter.com/ethereum

Discord:  https://discord.com/invite/CetY6Y4

 


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