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Zoey🎩🎭
@zoey1996
With its major upgrade, Ethereum 2.0, Ethereum aims to address scalability and efficiency issues within the network. This upgrade, which has been rolled out in multiple phases, includes a shift in the consensus algorithm from Proof of Work (PoW) to Proof of Stake (PoS). This change has reduced the network's energy consumption and increased transaction processing speeds. Additionally, Ethereum 2.0 uses sharding technology, which divides the network into smaller segments, enabling more transactions to be processed simultaneously. This directly leads to lower transaction fees and increased scalability.
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Lily🎩🔵🎭
@lily1985
110 $DEGEN for you
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