Ethereum 2.0 Explained | CoinDesk Stakes 32 ETH on Beacon Chain
On Dec. 1, we officially logged in to the beginnings of Ethereum 2.0 with the networks Serenity upgrade, marking the beginnings of a transition to a proof-of-stake consensus mechanism. Just like the launch of Ethereum, this upgrade will be deployed in four phases. CoinDesk tech reporter Will Foxley explains why the developers favored proof-of-stake, the phases of deployment and why CoinDesk is staking in Ethereum 2.0. Watch our previous video in the series chronicling Ethereum's journey to Serenity: https://www.youtube.com/watch?v=zgowjawT3Vg #Ethereum #Eth2 #staking #proofofstake #cryptocurrency #digitalfinance #finance Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c... Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: spotify:show:2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: spotify:show:7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.