What is Ethereum? Ethereum 2.0 Explained

THIS CONTENT IS NOT INTENDED OR SUITABLE FOR INDIVIDUALS RESIDING IN THE UK. Please see / @exodus-uk . Please take two minutes to learn more and visit our UK-specific page uk.exodus.com/uk-regulations/
#ethereumnft #ETH
In this video, we answer the question “What is Ethereum?” and give a simple breakdown of the incoming Ethereum 2.0.
Ethereum is home to a decentralized ecosystem made up of smart contracts, decentralized finance applications, and many other dapps.
However, Ethereum’s popularity has challenged the network's capacity to serve its growing user base.
Can Ethereum 2.0 usher in a new era for the second largest cryptocurrency? Or will other scalable smart contract platforms like Tezos and Algorand take the lead?
☆⬨☆ Download The Exodus Ethereum Wallet ☆⬨☆
get.exodus.com/4341HR2
What is Ethereum? Ethereum 2.0 Explained, chapters:
0:00 Introduction: How Ethereum changed the use cases of the blockchain.
0:42 What is Ethereum: What Ethereum hopes to achieve and who created Ethereum.
1:27 Ethereum Mainnet Launch: Launched in 2015, Ethereum quickly moved up the ranks as the second crypto in terms of market capitalization.
2:11 Limitations of Ethereum: The Ethereum Network is prone to get congested resulting in high Ethereum transaction fees.
3:10 The Rise of DEFI: Decentralized Finance on the Ethereum Network has gained popularity as financial products are offered on the blockchain without the need of banks.
4:40 Ethereum 2.0: Hoping to solve the Ethereum scalability issues, Ethereum 2.0 will significantly change the way Ethereum will work.
5:47 Shard chains: These are individual blockchains that run parallel with the main Ethereum blockchain.
6:37 Ethereum 2.0 Launch: The new version of the Ethereum network will launch in 3 phases.
🔔★Subscribe for more videos about Exodus wallet and crypto★🔔
kzbin.info?sub_conf...
🔔☆The Exodus Newsletter☆🔔
www.exodus.io/newsletter/
🔔☆The Exodus Blog☆🔔
www.exodus.io/blog/
Exodus was created for visionaries looking to depart the traditional financial system.
★Follow Exodus on Social Media★
🐥 / exodus_io
🎭 / exodus.io
📸 / exodus_io
Information provided is for informational purposes only and should not be considered financial advice. Investing in crypto assets is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Past performance is not indicative of future results.
What is Ethereum? Ethereum 2.0 Explained with Kris Merkel

[@mcjudilla774]

The most heartbreaking part of the video is showing ETH valued at $300 lol

[@alharris8861]

I know (almost) nothing about crypto and I almost understood all this. Nice job explaining it all.

[@rezataba6204]

It means you know the fundamentals just didn't realize it yet.

[@jamescrabbe6933]

0% understanding 100% feeling

[@beedt714]

Don’t lie man , I know nothing of crypto and I understand only the word ethereum

[@basebintv]

I guess I’m the only one who has no idea what he just said. There must be a crypto for dummies video somewhere. This video is obviously for someone that is very advanced.

[@exodus]

Not a worry, Base Bin 🙂 Feel free to check out this other Ethereum video we made. It's a bit easier to digest for a curious crypto newbie 👉 kzbin.info/www/bejne/fGazYomXZcp7iqs We also have fantastic learning resources on our knowledge base. Here's a good article about Ethereum if you want to check it out: support.exodus.com/article/1614-learn-about-ethereum I hope this helps, and thanks for stopping by. We're thrilled to have you in the Exodus ecosystem! 🎉 -BT

[@royd.4629]

Clicked on a video to introduce me to ethereum. "A coin that needs no introduction"...

[@partagashabaneros]

Thanks for breaking it down in a simple way👍

[@TheMotoKing]

Great video and thank you.

[@ImpactEtching]

Thank you so much for this update on what is going on with ETH !

[@fantasypolice]

I'm new. From the production of this video 👉subscribed, followed Twitter and going to use your Exodus platform. Done

[@exodus]

Hey there Erwin, welcome to the movement and please lean on us for any questions you may have? This is a good resource to get started with the wallet. support.exodus.com/ -Kris

[@jayp8869]

Love your videos. So informative with an unbiased approach. Please keep making these on all blockchain for great info to help with our reasearch on which ones we want to invest in.

[@exodus]

Thank you so much for your support. We're really happy to see you're enjoying them.-JE

[@JohnsAwild1]

Another Great video bro thanks any idea if and when exodus will have eth2.0 staking??

[@djstorre1]

Good clear breakdown of what to expect from ETH. Waiting for its upgrade due now in June or July. Till then I'm buying the dips with ETH. End of this year we could possibly see a significant increase

[@exodus]

🔔☆The Exodus Newsletter☆🔔 www.exodus.io/newsletter/ ★☆★Download Exodus for Mobile and Desktop★☆★ get.exodus.com/4341HR2

[@hallamhope]

Thank you for explaining this . There is scope for breaking it down in simpler language. Hallam in always sunny Barbados.

[@MrBojo-jv4qq]

Thanks for the highly informative vid. On a first glance, the use of shards seems like compartmentalizing transactions, something like the use of files and folders, with the difference being live transactions like functions playing within functions, all at the same time, :).

[@fantasypolice]

Nice.

[@ruairi7961]

Superb video, very concise and easy to follow - anyone could watch this and have a decent understanding of what Ethereum is and where they plan to go. Thank you.

[@michaelhager2002]

This was quite interesting to watch! given ETH's high gas fees and the oncoming release of Cardano (erc20 converter) and also the recent run-up with Binance Chain, I foresee an exodus for Ethereum and would take profits and swap ETH to ADA and BNB to hedge against ETH not being able to fully deliver scalability until 2022?. Thoughts?

[@roselilygardner4064]

One thing for a fact is at this point currently day traders and exchanges would be making a hell of a profit

[@moneymindss]

I love how they called it a 3 Phase approach but then labeled them Phase 0 - 2 and in reality, it's like 4 phases

[@albertogonzalezhernandez6431]

Love your Wallet Exodus, keep it going

[@exodus]

Thank you for all of the love and support, Alberto. We're just happy to make life easier for you. -SR

[@luisamedina1]

Can you please explain what’s Ethe 32? Thank you very much in advance for details when replying! Great video!

[@exodus]

Hi Luis! Great question. If you wanted to become a validator to stake Ethereum, you'd need a minimum of 32 ETH. We don't have details on our site, but you can refer to Ethereum's guide to staking here: ethereum.org/en/eth2/staking/ Let me know if you need more info. Thanks for watching. 🙏 -MW

[@wakenblakeyo]

Keep up the good work 💯 goin back to old vids for info

[@exodus]

Thanks Blake! We're thrilled that you're finding tons of value from our blockchain content 💯. Stay tuned for many more videos heading your way. -BT

[@wakenblakeyo]

@@exodus Will do. Ill be lookin out/ lovin this bullrun

[@RT-op6sz]

Thanks, very informative video .

[@exodus]

You bet R T 🥂 Stay tuned for more educational crypto content coming your way soon! -BT

[@michaelhuling9040]

Over 12K Subs!!! Channel's starting to get some traction! Keep up the great content Exodus!!!

[@exodus]

Hey Michael 👋 Thank you so much for the love and support! We always love seeing our users getting involved and learning with the community 😄 -TP

[@LemonTekkin]

84k now 55k subs in 7months!! You must be doing something right 😎

[@stankmt5016]

If I don't stake my current ETH and ETH2.0 comes out in 2 years time, will my ETH1.0 still be working? Will it still be a separate coin, or will 1.0 and 2.0 merge and all my ETH1.0 becomes ETH2.0 automatically?

[@luis619pancho]

Yes can you please answer this

[@LivYourLife_]

That is an excellent question. @exodus please could you respond? Thank you! Edit 10 min later: Just realised they actually responded to that under a different comment from WorkTheMiddle WithCrypto; ETH 1.0 and ETH 2.0 will be the same and only thing once the updated version is launched.

[@deliciacathleenauchas9870]

Thank you for the question this was my concern too....

[@krv3966]

What's (J. D) coin it's worth to buy pls let's know me thanks

[@sburke0708]

Great explanation Exodus! Love your products and work. Thank you!

[@exodus]

Hey Stephen, thanks for dropping by! We're grateful for your support and happy to hear that our app is serving you well :) -SY

[@DRS200]

Hey quick question id appreciate you answering ( im new to ETH) if the ethereum network is going to cost users “gas fees” to use DAPS and social media applications etc on the ETH network then whats the appeal and why would people choose it over the current internet? ( apart from it being decentralised) any info would be appreciated. Thanks n keep up the great content 👍

[@-ANDY.]

Why would you run something which doesn't benefit of the network on the network?

[@dmwm771]

great video. I wonder if the high Gas prices are a threat to this great project

[@thatbillionairesvibe]

eth 2.0 should solve that

[@cryptocode88]

This is my biggest holding as a digital asset. I believe ethereum will be the most used overall within this space but it will have competition over the next few years.

[@exodus]

We don't blame you! It's by far the most used smart contract blockchain. Just imagine how crazy the space will be when Ethereum 2.0 releases 🤩. - CC

[@Daniel14Mejia]

i just started on this, id like to know what would happen with bitcoin if this change happnes, what are the miners going to mine? as far as i know they can mine other coins, right? i guess they wont earn the same but is just a a matter of time for other coins to increase, right? if someone wants to buy a pc to mine what would u think, good or bad idea right now?

[@mvabiv]

At current GPU prices? A bad idea. Just invest into crypto.

[@LoveGuruBlaire]

still not understanding this one, but i like your videos to explain these coins

[@JJJere]

Coinbase emailed me and ask if I want to be put on the waitlist for Eth2.0. I'm confused as to why would I need to be put on a wait list for it if Eth is the same item/coin as 2.0 will be. Any feed back?

[@vashlash6870]

Yeah idk I'd ignore that email.

[@patrickmcconville7856]

Nah definitely sign up for that if you aren't currently staking. What the e-mail is about is how Coinbase is going to be offering it's own ETH staking with a 7.5%(?i think) return. True it's less than staking it yourself, but if you're only invested with a fraction or one or two Ether tokens, it's worth it rather than just having it sit in your Coinbase doing nothing but fluctuate with the market.

[@MrDac0964]

@@patrickmcconville7856 Hi newbie here, what is “staking.” Thanks for your time. 🙂

[@chrisford8227]

I don’t know what this is I was just trying to buy a crypto domain and I did it!

[@onlinebusinessideas001]

Nice & Easy Exlpained. I will share it to my community

[@exodus]

Thanks a ton for the share.-JE

[@cdkr0]

Hola... Necesitamos traducción al idioma español, puede ser un traductor simultáneo, no necesita hacer un nuevo video. Gracias!

[@ailyn2253]

Necesitas aprender inglés

[@cdkr0]

@@ailyn2253 eso díselo los cientos de millones de hispanoparlantes ... Gil!

[@etrader911]

So to my understanding, the availability to stake only be available to people who have 32 eth and become validator‘s? Doesn’t feel entirely fair

[@politics-realitytv4578]

If you don't have 32 eth you can join a staking pool with a lesser amount.

[@trashcan8773]

This is entirely the same thing as having an almost 0 percent chance of mining bitcoin on your own with limited resources. This way you can gain eth without needing an expensive mining rig.

[@vikasrathoreibpspo8510]

Will eth 2.0 have a coin like etherum that we can buy and sell on crypto exchanges

[@lptinvestor1781]

I do believe that it’ll solve the scalability problem but I do NOT believe it’s “right around the corner”.....I don’t believe they’ll be able to launch it before 2023...........

[@denzellextattoo]

So, if i don’t have 32 ETH, staking one or two ETH won’t mean much when 2.0 is released??

[@seanaleta5527]

Ethereum and EOS comparison pls Would like to hear anybody's opinion on this

[@mostdavestdave69]

Could you explain if ETH and Ethereum 2.0 will be different coins, or will our current ETH just be upgraded to 2.0

[@michellevelasquez7873]

I read that eth will be upgraded to eth 2.0

[@mostdavestdave69]

@@michellevelasquez7873 yes. I've learned a lot since then. Thanks you though.

[@Ninjahankin]

There is conflict between ETH miners and developers for dapps. ETH miners want the network to be congested so that they earn lots of expensive transaction fees. The devs want low transaction fees. The miners want ETH 2.0 to be delayed as much as possible while the devs want to migrate but cant since there is nothing bigger than ETH. I really do think Cardano will be the real winner here once it gets the ERC 20 token converter launched.

[@exodus]

Hi there, thanks for sharing your thoughts. There is certainly quite a bit of competition heating up among the different networks and stakeholders. Personally, I think that this is great for advancing the ecosystem. We're eager to see what happens! -SY

[@asdasdasdasdasd1872]

there would be the possibility to dupe the coins in exodus? or it wont work like that

[@exodus]

Generally, cryptocurrency works on blockchain technology, which as a whole can be described as a public ledger that is agreed upon by consensus. Therefore, any parallel ledgers or chains would not be agreed upon so you'll never get duplicated coins, transactions or balances. If you're just referring to a visual duplication error (seeing twice the amount of something you normally see, like double BTC) in your Exodus wallet, you can write us at support[@]exodus.com and we can help figure out what's going on. This is highly unlikely, but I guess you never know. Let me know if I'm getting you the answer you're looking for. I'm happy to help. -SL

[@chrisminingcrypto3605]

Hope mining rates aren't affected too high

[@gtmplayz2406]

Me and my dad ,who just came in the crypto space,are thinking well to buy ETH or not So can u tell your opinions

[@swagswaggsoon9781]

Always buy some ETH, whether you just wanna HODL, trade (since most tokens are on the Ethereum network so you can pay fee's), or use any of the DeFi projects mentioned in the video.

[@bucktip]

hmm.. so the "Shard Chains" operate like a buffer?

[@nicholasmartinez8767]

Is ethereum 2.0 the same as the ETH?

[@viralmonkeyz]

Yes eth 2.0 is un update for ethereum, the ticker for ethereum is ETH

[@topedoworks]

@@viralmonkeyz will this not become another hard fork if the developers starts to have different views again? 32ETH is quite expensive right now.

[@AlbertoSkyrim1995]

Really well explained the ETH 2.0 Migration Process, in general, fantastic summary and explanation. I will share it with all the ones who don't understand yet the ETH 2.0 importance, what about this fantastic token and magnificent Blockchain that will undoubtedly change the future of the Global Finances for good. Thank you for the great content Exodus and hope you're doing great everyone on the team and are healthy :). A huge hug from an Exodus Wallet really satisfied user ^^.

[@exodus]

Hey Alberto, Thanks for the kind words and the love. I posted your message to the entire team to spread the hugs around. -Kris

[@megapet777]

Do you know when eth 2.0 is released if we can stake less than 1 eth?

[@exodus]

Hey there 👋, At the moment, it seems like the 32 ETH requirement is here to stay. Fear not, though! There are options for those who don't have 32 ETH. If you have less than that, you'll be able to add a smaller stake to staking pools. Some companies can do it all on your behalf, so you won't have to worry about staying online. Check out these staking services 👉 tinyurl.com/espzbd9f. Shoot me any other questions you have! - CC

[@megapet777]

@@exodus Thanks :)

[@disorderedenthropy]

Would current ETH coins become shard coins after 2.0? Also would there be separate beacon coins or everything converted under a different umbrella coin? Sorry for all the questions, it's just curiosity.

[@exodus]

Hey Vin, The entire current ETH network will become it's own shard on the 2.0 network. As far as token migrations to the 2.0 flavor. I really have no idea. It's still a ways off. -Kris

[@nicholasmartinez8767]

I’m confused

[@user-kg9ht9uy5r]

cant put a time limit on the future of finance - accumulate and let the team build

[@ramimasry5841]

Hello im new here and i have a question. Are eth and eth2.0 different coins? If so what will happen to eth then?

[@exodus]

We're still looking into ETH2.0, but they should be the same coin when it's released 👍 -KC

[@hamiltoncharles4503]

Cheers 🚀

[@philtaphouse5316]

Does investing in ETH coins translate to investing in the Etherium blockchain?

[@exodus]

That's a great question Phil. The short answer is at this time, not really. The blockchain itself is a public ledger that anyone can access. Your ETH holdings do signal your belief in the network. I guess you could say the miners are the ones really invested in the network because they directly receive the monetary rewards from solving a block. This will change though in ETH 2.0 when anyone can stake 32 ETH to become a node validator and receive the staking rewards. Did that help? -Kris

[@philtaphouse5316]

@@exodus thank you so much for the reply

[@alexlee8639]

@@exodus how can I stake 32 eth?

[@leoncampa]

@@exodus Do you know if miners will still be able to earn rewards in the classical mining way? Or will staking 32 ETH be the only way to generate new Ether? And will a single person be able to buy multiple stakes of 32 ETH? Won't this make the network prone to centralization by having only the rich take control of the majority of stake nodes?

[@ddljddlj704]

I have eth and usdt on same address. What would happen to my funds when eth 2.0 comes out BECAUSE I AM GOING TO THE CAVE FOR 5 YEARS DONT ASK WHY. JUST TELL ME WILL MY FUNDS BE SAFE WHEN I COME BACK???

[@beaniiman]

I just shard'd also great video.

[@defiwallettutorials9464]

When I purchase Ethereum 2.0 do I lose my position in ethereum that I own now? Or is it the samething

[@exodus]

Hey there 👋, They're the same thing! When we get closer to the launch of Ethereum 2.0, all ETH from the Proof of Work chain will be merged with the new Proof of Stake chain. - CC

[@lastbull575]

Will it reduce uniswap fees?

[@exodus]

Hi Aliyu, Ideally it will free up the entire system, including reducing fees, but since no one has seen it in action we have no idea. The staking deposit contract is live and there is a soft launch scheduled for Dec. 1st. But again, it's been talked about for years and I personally will believe it when I see it. -Kris

[@RjK-mm5cj]

Newbie: Whats the potential impact of 2.0 on ETH ? anything?

[@dgodinho]

My guess: wider adoption, less environmental impact and overall more confidence in crypto currency.

[@travismckinnon2494]

would it be a separate coin.?

[@seph611]

@@travismckinnon2494 na, just rolls over

[@seph611]

sorry I should explain it more than you just taking my word ha think about it like the bank getting an upgrade... Ethereum upgrades to Ethereum 2.0 but ether (coin) stays the same - only difference is its more encrypted and on a higher security blockchain with faster processing on transactions

[@Beautifulcoil]

10-15 years down the road we will regard Ethereum and the blockchain technology to be as revolutionary as the Internet. It's amazing to see what's being accomplished with decentralized finance - and this is just the beginning. Can't wait to see how it evolves

[@JamesNathanielVlogs]

Will this make Ethereum 1.0 price drop?

[@karvalitsadam9863]

Good question i m still trying to find the answer..... will ETH 1.0 cryptocurrency stay and be mineable as right now? If you already know please let me know

[@AdrianChilders]

Amazing explainer Kris! I look forward to checking out your wallet.

[@lemonade2473]

I don't think it's right around the corner. You said that they say the last phase is very much in research and will be released after 2021. It's very speculative.

[@lartimus3080]

So what does that mean if I have 32eth ?

[@exodus]

It only means that you can sent that ETH to an ETH 2.0 contract address and become a validator, thereby receiving rewards. It does not mean you have to and you can just keep the ETH in your wallet. Does that help? -Kris

[@jsndza]

@@exodus would this affect the current price or valuation of ETH?

[@Onchaingame]

I’d like to know one thing you don’t talk about how much the gas fees are Ethereum will never work with gas fees that high that’s why you have to look at BSV, any side chains are not on blockchain

[@sanrs1318]

Can you guys build a way to stake eth since most people don't have enough eth to stake it fully? Thank you so much team

[@exodus]

Hey Sanrs! I will make a note of your request :) -CJ

[@jaafaruomeizashuaibu1394]

So what happens to ETH holders that didn't stake their ETH?

[@exodus]

Great Question. Nothing, You still have ETH on the Ethereum blockchain. Even after 2.0 is live, the current ETH blockchain will become a shard of the new network and nothing with change for us ETH holdlers. Did that help? -Kris

[@jaafaruomeizashuaibu1394]

@@exodus yes Kris It helped... thanks for your videos they are very educational.. But I have a question concerning staking the COSMOS(ATOM) token. please I will like to know, the 8% APY for staking ATOM is the 8% for the 21days staking period or the 8% is for 12months

[@normanpowell6831]

This sounds like miners will be pushed completely out. This will not go over well with a great many people.

[@mikeillgaming4224]

But can't miners get rid of all of that hardware and expensive electric bill and just stake what they've mined?

[@gardan331]

Will you support eth 2.0 stacking in your exodus app? Or is it impossible?

[@exodus]

Hi Gardan, thank you for taking the time to watch the video and leave a comment! Currently, there are no plans or word on ETH staking. If we do decide to implement something like this, we'll be sure to make some noise on our social media. Be sure to stay tuned in for the latest and greatest :) -TP

[@infinity14u]

Great video! Very informative. Thank you

[@ibringthelastwords1358]

So by starting october 2021, expect the flooding of gpu on the market 😅

[@SkylineBilip]

32 ETH lol. I guess I won’t ever be able to make coin in staking then..

[@rorothegoatboat]

You can stake less than 32, 32 is only if you're doing it alone otherwise you can join a pool with people to make up 32.

[@violentshoes4685]

I shared once it was bad

[@gazzar2722]

ANKR small Alt coin Gem set to explode with Eth 2.0 in Dec

[@sonnymain9487]

Tell me more please?

[@matthieulhostis7839]

@@sonnymain9487 Any news?

[@oliverb6967]

so if i own ETH itll update to 2.0 orrrrrrrr

[@ogcontraband]

Did he say Shart chain?

[@truth4099]

Shard

[@ryanhitchin935]

when will u add 2FA on ur wallet??

[@exodus]

Hey Ryan! We are continually working to increase the security of your wallet. We do not have a timeline for when/if we will release 2FA to your wallet, but we are exploring these possibilities :) -CJ

[@ryanhitchin935]

@@exodus ok thanks as i have seen a few people claiming to be hacked and its kinnda making me unconfident to put large sums in my wallet

[@bellaangelo8064]

So can ppl buy eth 2.0 on robinhood?

[@exodus]

I'm really not sure how Robinhood works other than it is a closed system. If you purchase crypto there, you cannot move it anywhere else. It stays in their custody. ETH 2.0 is currently not active so it's still a mystery how it will play out. Just last night, the reserve amount in the 2.0 validation pool was reached which means the soonest ETH 2.0 will be launched is Dec. 1st. We are all waiting to see if they make that milestone. Did that help answer the question? -Kris

[@nelsonquinapallo6389]

I need. Help. I m new in crypto Bought $300 worth of Ethereum But I was offer to change to Ethereum 2 and now I see it drop to $250 and I cannot trade turn it to cash or , it says this is not tradesnle yet. Does anyone know why plea help me understand

[@exodus]

Hi Nelson, thanks for writing in! This sounds tricky, and I would feel confused being in your shoes. Rest assured that we are here to help 🙏. If you email us at support[@]exodus.com with your Ethereum question, we'll respond ASAP. We're standing by for your message. -BT

[@CrasyFingers]

so my understanding is that people who run bitcoin and ethereum aren't able to buy their own super computers so they're using people's computers instead? what kind of calculations are they running and why is it so important?

[@exodus]

Hmmm, I'm not sure I understand the question. You will need some kind of hardware investment to become a validator or a miner. Large BTC mining firms have thousands of machines running at any given time and it's not profitable for a single miner to compete, this is where mining pools come in where you rent your mining power to a larger group and a share of any block rewards. Mining for ETH can be done with graphics cards in your computer, most still run in pools. If you see any ads for renting mining power or cloud mining, run away, You would be much better off, just using the funds to buy assets. Does that help? -Kris

[@CrasyFingers]

@@exodus i'm asking what are the people in charge of ethereum using people's computers for? running some complex mathematical calculations? i understand how people are getting paid a certain amount of money for leaving their computers on 24/7, i'm just asking what are those calculations for, are they doing medical research of something, or astrophysics, or economics etc

[@davidle4410]

Does that mean my ETH 1.0 coins will double in value to ETH 2.0?

[@exodus]

Not exactly, David. I wish that were the case though! ETH 2.0 is just a name sadly, and a whole new protocol. Maybe the market will be kind to us all and double our ETH 1.0 holdings? As an aside, your Ether now is going to be your Ether on ETH 2.0, but the way we create and send transactions will change. Let me know if that clears things up. -SL

[@adamfutey2854]

Does ethe 2.0 take the place of etherum?? Or is it a new coin to purchase and etherum will be shit??

[@AghoraNath]

Add XDC, it's the future.

[@exodus]

Hey Aghora! Thanks for the suggestion. I have made a note of this for the developers to see :) -CJ

[@nelsonquinapallo6389]

I think u can. Only buy Ethereum 2 but not sell it when try shows $000

[@RussellThomason]

Eth 2.0 won't be ready for at least 2 years, meanwhile Cardano's smart contracts are coming end of this year and is already PoS. Seems like Cardano has a better foundation to build on and more momentum. Does anyone else think Cardano might just be straight-up better than Eth by the time Eth finishes this roadmap?

[@exodus]

There are a couple of smart contract platforms which are already Proof of Stake. The Ethereum advantage is purely its network effect and market cap. We've already seen other tokens spread to other networks such as Algorand to take advantage of greater transaction throughput. Honestly, we've been waiting a long time for the migration to 2.0. I remember conversations in 2016 about it but you know the bigger the ship the more difficult it is to overcome the inertia to change directions. -Kris

[@christiansaga8286]

Well... You know what they say. It's better to be first than to be better

[@seanaleta5527]

What do you think about EOS?

[@nelsonquinapallo6389]

Is Ethereum 2 all ready operating 100% ???

[@CTWalkingTour]

Holding my Etherium🚀🚀 Sold my Litecoins

[@UGPVlogsLA]

You should have HODLED. LTC is going to pump to a all time high soon. $2K

[@TheNextTorres9]

Does this mean that my current Ethereum will turn into Ethereum 2.0 in my wallet?

[@exodus]

Great question! Yes. ETH 1.0 holders have nothing to worry about during the merge. All ETH on the Ethereum blockchain will migrate to the Beacon Chain, becoming ETH 2.0. This will mark the end of the proof of work consensus algorithm on Ethereum. We can't wait for this. 🔥 - CC

[@boardape]

so its not coming Eth 2.....................000000000000000000000

[@exodus]

It is coming, but in stages and the final 2.0 stage is not on any roadmap until 2022. We've been waiting a long time to get to even this point. -Kris

[@mrahman7700]

So, will I need to have 32 ETH to become a validator for ETH 2.0?

[@exodus]

Hi Masrur, thank you for writing to us. That is correct. -SS

[@mrahman7700]

@@exodus Thank you! Also, do we need a laptop/pc with specific specs to become a validator?

[@clem3948]

ANKR the future 🍾🍾

[@tomlynch7097]

why can't anyone get to the point and speak ENGLISH LOL for slow ppl like me?? if I buy a share at 2k$now, WHAT CAN I DO WITH THAT???? do I hold it for long term? do I trade it daily? how can I spend it? how can I get cash?

[@kevinkusz7876]

If you are that lost you shouldn’t be blindly throw that much $

[@tomlynch7097]

@@user-yz2sb8pq9x what's that

[@thisoldminer]

Still don't understand this.

[@exodus]

Oh no! I once had a developer tell me "ETH is hard". So you are not alone and I would be happy to help answer any questions you may have. -Kris

[@DaveGamesRoom]

Eth will soon overtake bit coin once it does all of Eth holder will be laughing

[@uno2go]

Im so confused...

[@exodus]

Hey Rene, anything I can help answer? -SL

[@mattball7074]

Steering clear.

[@thatn_ggajandro3197]

What does that mean?

[@mattball7074]

@@thatn_ggajandro3197 It means i'll be taking my hard earned garbage fiat elsewhere

[@luiso2166]

@@mattball7074 lol

[@luiso2166]

@@mattball7074 I'm sure you thought the internet was garbage too and wondered why people would buy online instead of going to the store to look at something before buying it.

[@mattball7074]

@@luiso2166 Nope, but thats ok man, lots of different avenues to explore here wish you the best with ETH im just putting my currency elsewhere

[@emilycollins5854]

DEVUELVAN EL CANAL A GRAN SORTEO LADRONES!!!!!!

[@simplybeef8232]

Will ETH 2.0 be a different coin or the same?

[@andywagon]

If assume the same. Can't just burn everyone currently holding eth.

[@frightenedsoul]

@@andywagon correct, eth 1.0 will automatically become eth 2.0 once it rolls out

[@Dolbic.]

A no-brainer can tell the price of ETH will drop to the point its pointless to have, no one will mine this thing and who have it will start gambling... nice

[@MrDadude123123]

You r using a large set of words for an explanation that is aimed for a very beginner audience. This wasn't a good explanation.

[@exodus]

Sometimes we just get too excited and need to slow down in our explanation, I'm sorry about that! 🙏🏽 This stuff can be seriously complicated if you're just starting out and that kills the excitement we're trying to convey. Let me try this way, check out our article on Ethereum ➡️ ow.ly/bhw530rNQUa and let me know if that's a better explanation. We want our beginners to be able to dive in with the pros, and we will get you there. Let me know if this is helpful or you have other questions, I'm here with you on this. 🧑🏻‍💻 -SL

[@MrDadude123123]

@@exodus I started reading from the link and this seems like a very good explanation, thank you! I also appreciate your comment. Thanks

[@emilycollins5854]

DEVUELVAN EL CANAL A GRAN SORTEO LADRONES!!!!!!

[@emilycollins5854]

DEVUELVAN EL CANAL A GRAN SORTEO LADRONES!!!!!!