Cryptocurrency Q&A
Why are there two ethereums?
Why are there two ethereums?
DongdaemunTrendsetter
Fri Jan 03 2025
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7 answers
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I've heard about ethereum, but recently I found out there are actually two versions of it. I'm confused as to why there are two ethereums and what the difference between them is.
7 answers
Caterina
Sun Jan 05 2025
Ethereum 2 represents a significant shift from its predecessor.
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Andrea
Sat Jan 04 2025
In this new system, validators stake their Ethereum tokens to participate in the consensus process.
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ShintoSanctuary
Sat Jan 04 2025
The older version of Ethereum operates on a proof-of-work blockchain.
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Leonardo
Sat Jan 04 2025
Ethereum 2 will also introduce a beacon chain, which will coordinate the validators and manage the transition to proof-of-stake.
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Federica
Sat Jan 04 2025
This means that miners solve complex mathematical problems to validate transactions.
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