Ethereum is the number 2 overall cryptocurrency, but could it eventually climb to the top spot dethroning Bitcoin? That’s definitely what some people believe including Ethereum co-founder and the face of ETH, Vitalik Buterin. A recently lagging price, a clogged network, and exorbitant gas fees have led many in the crypto community to question the long-term validity of the Ethereum Network. But one gigantic change coming to Ethereum could flip everything upside down.
Today we are talking about the Ethereum upgrade, ETH 2.0, the dramatic change to the network that is about to disrupt the ENTIRE crypto space. Some people believe that this Ethereum update is coming quicker than we all anticipated. I’ll briefly explain what ETH 2.0 is, all of its phases, and why it’s going to change the world of cryptocurrency FOREVER.
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00:00 Intro
01:35 Ethereum Serenity Update
03:47 ETH 2.0 Phases and how you switch when it’s here
06:37 EIP1559 and war with miners
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