Ethereum 2.0 Will Soon Be Working on the Proof-of-Stake Protocol
Vitalik Buterin, the founder of the coin and platform Ethereum, has recently spoken at the crypto conference in Czech Republic where he shared a couple of important details regarding the major upgrade of the system Ethereum 2.0. First and foremost, the name “Ethereum 2.0” has been replaced by a much more melodic one - Serenity. Secondly, one of the important features of Serenity is going to be the implementation of Casper. The Casper update will allegedly solve the problem with scalability by switching Ethereum from the PoW protocol to PoS. Buterin was very excited and confident about the launch of Serenity.
Launch is basically the milestone that we’ve all been waiting for,” he said.
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