December in the encrypted financial market is destined to be extraordinary. It kicked off with two milestone events: Bitcoin price breaks through record high and Ethereum 2.0 Genesis Block Launch. Compared with the former, which is interpreted by the market as institutional bull and grayscale bull, the bright praise and dark sourness; although the latter is only a small step in the planning of Ethereum 2.0, it represents the official direction of Ethereum. The main plot of Proof of Stake (PoS) and expansion.
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The end of 1.0? Ethereum 2.0 is not broken or built
First,
First,consensus mechanism,second,
second,shard structure,In view of the global state of the Ethereum 1.0 network (all actions are verified by all nodes at the same time), which often causes high load operation of the network, Ethereum 2.0 will split its own blockchain network into 64 different sub-networks in the next stage , this not-so-innovative expansion mechanism is called sharding, and in the final stage, each shard is coordinated by the beacon chain for cross-shard transfers and contract calls, and the entire Ethereum 2.0 architecture Overall realization, there is still a long time. So, what about Ethereum 1.0, which is still running the PoW mechanism?
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Staking is popular, how to choose new investment opportunities?
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What are the risks of staking?
First, operational risk. For ordinary investors, becoming a verification node needs to be carried out on the chain, which has a certain operational threshold, and any mistakes may cause asset losses;
Second, the risk of rules. Becoming a verification node is an irreversible process. At the same time, it also needs to bear the responsibility of verifying the block, and the corresponding default punishment is involved in the rules;
Third, project risk, although the probability is low, there is still a risk that the locked ETH cannot be withdrawn due to the problems of the Ethereum project itself.