Ethereum 2.0: How would the shift to PoS impact ETH miners? - AMBCrypto

in hive-116221 •  4 years ago 

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Ethereum 2.0 – the long-awaited upgrade to the Ethereum blockchain has been on the cards for quite some time now. Since then, the community, including miners, has been debating over the implications of the change in the consensus mechanism.

The upgrade would mean Ethereum moving from its tried and tested PoW protocol to the PoS protocol. The 2.0 blockchain has been worked upon for almost six years now. The single-laned 1.0 blockchain would be replaced by the multi-laned 2.0 upgrade, which would help to boost the number of concurrently handled transactions.


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