Ethereum        Vs Ethereum2.0

By Ansu Smriti Patel

Ethereum is a technology for building apps and organizations, holding assets, transacting and communicating without being controlled by a central authority.

Ethereum

Ethereum 2.0 is a new version of the Ethereum blockchain that will use a proof of stake consensus mechanism to verify transactions via staking.

Ethereum 2.0

Ethereum 1.0 uses a proof-of-work (PoW) mechanism.

Arrow

Ethereum 2.0 will use a proof-of-stake (PoS) mechanism .

Ethereum       vs

Ethereum 2.0

It has fixed Monetary Policy.

Arrow

It has variable Monetary Policy.

Ethereum       vs

Ethereum 2.0

It has high security.

Arrow

It has more security then Ethereum Classic..

Ethereum       vs

Ethereum 2.0

It has low performance compare to 2.0.

Arrow

It has high performance.

Ethereum       vs

Ethereum 2.0

Here, Database is Replicated.

Arrow

Here Database is Fragmented.

Ethereum       vs

Ethereum 2.0

The price of ETH2 is identical to ETH.

Eth2 is simply an upgrade that will improve the Ethereum blockchain. Stay tunned with us for more stories.