Ethereum 2.0 Upgrades Explained - Sharding, Beacon Chain, Proof of Stake (Animated)

Ethereum 2.0 has some major updates coming and we are here to explain them to you in an easy-to-understand way.
Sharding: Eth 2.0 is adding 63 shard chains to help scale the network so it can process more transactions and data at a faster speed, which means lower fees!
Beacon Chain: The beacon chain is the heart of the upgrade, it is a mega chain controlling all the shards, as well as doing some other important things
Proof of Stake: This is the way we will decide who gets to add the next block to the chain - instead of working really hard, we are going to pick people who lock up their Eth and randomly select them so it's more fair and eco-friendly

[@getmeontvnow]

Finally , an explanation of proof of stake that an old guy can understand. Well done!

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@SHIBPlanet]

I've been binging your content since it first got recommended to me. Very well prepared and explained! Bravo! And props for being consistent with the animations; I know it can be tiring researching, preparing script, V/O, then animating, coz I once did a 38min vid in the same style and got burnt out big time! You'll do well in this space bro! :-)

[@WhiteboardCrypto]

Thanks for the appreciation! I'll check out your channel and the Shib token :D

[@Jakob123999]

Same!

[@sixpacksworkoutmusic9136]

Same to love ur channel

[@smilingbutdeadinside2073]

just love the way you explain things in simple terms!! :)

[@MrVara411]

You're the BEST, man. Happy to support all your hard work.

[@kidsofelmstreet5832]

Just discovered your channel and I love it. Great work on making everything easy to understand.

[@chaymaaettazi2898]

I appreciate the hard work in your channel, thank you for simplifying things!

[@Tibetan-Phosar]

Can't explain better than this. Learning a lot from this channel.

[@jerplejanie5249]

these videos are SO good. THANK YOU!

[@Diegtz555]

Eth2.0 will be a great improvement and combined with rollups, will allow to ethereum to scale massively.

[@finance_amplified]

Excellent Efforts. Please keep making more of these.

[@dylanmaliska7343]

I have been watching every one of your videos all in a row from the first to last

[@bobbydelrio7197]

Your channel is brilliant.

[@nassssssou]

Very good video as usual , you just forgot to quickly mention the difficulty mining bomb with EIP-4345 (which is important in this process) . Much love and thanks for all the good work you doing . ❤

[@wiseguysavant]

what happens to the old ethereum?

[@dapperdon2240]

Love your videos very helpful! thank you!

[@abderrahimanejjar1096]

Great job, thank you for your work!!

[@jaredneal5588]

This video has the best ratio I’ve ever seen

[@dna3169]

Newly subscribed today , Love these videos ..... thank you !!!!

[@salparadise5930]

Awesome content. Thanks for your efforts and keep up the good work

[@GOGOJO5]

Easy to understand, Thanks !

[@Darthrevan888]

Great explanation.Thanks

[@nebsonne3689]

Great stuff as always. Thanks buddy

[@ericgoh99]

Nice work. Thanks for the information.

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@yasufumithebest]

really nice video, explain everything we need to know.. gj.

[@iirokajander6664]

Really well explained! Thank you🙏

[@thediamondpigman0132]

Loving these videos

[@zhaojing1574]

I think so too

[@DaveNougalMusic]

fantastic video!

[@nickelgamer5806]

Bitcoin may be the godfather of crypto, but ethereum is definitely the prodigal son! Another amazing video, and congrats on getting so close to 3k subs!

[@nickelgamer5806]

Now y'all at 3k! I'm so happy that this community has grown and will continue to grow!

[@almostcertainlynotapotato6528]

This comment is 3 months old- so does that mean Whiteboard Crypto went from 3k to 255k IN 3 MONTHS!

[@JunoMusonda]

Lol did he just saw 3k?? Insane growth! Congrats dude 👏🏿👏🏿

[@himanshubankar9832]

After 5 months they have 479 subscribers 🔥, from 3k to 479k in 5 months

[@BadPixelArtist.]

Great video!

[@SzTz100]

Superb explanation.

[@consultingfirm7813]

Love this channel keep up the great work

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@neilclay5835]

Nice job guys. Very interesting, thanks.

[@zhaojing1574]

I think so too

[@amirdashti]

03:51 -> we pick one runner -> In short: The change is to make rich insiders richer by biasing towards people who ALREADY HAVE 32 ETH, developers WHO CREATED IT and exchange sites who already have coin

[@nassernathan]

Your videos are better than guy's in explaining crypto concepts because their short guy's videos are too long which is frustrating

[@jessesoto6150]

Great stuff. Well done!!

[@joe7272]

sharding is going to be the foundation to a decentralized ETH future!!!! This solves the problem of interoperability with intermittent internet access, especially if updates are highly compressed data. A town could only need an hour or two of internet daily to update their coins.

[@nazdumanskyy]

I am excited for Eth 2.0!

[@JFBernier]

Very well explained. You got my thumbs up and subscription ! Technical note : the room you are recording in has a lot of echo. Use foam tiles or hang drapes to improve the quality of your audio, especially if you are recording facing a wall ;)

[@HoneyBoyOG]

Lol glad you clarified that it’s “sharding” instead of something else that sounds eerily similar 😆

[@hannahadams3507]

Thank You Dear

[@HarryFatty]

Easy to Digest! Thank you!

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@macmuffin1865]

Amazing!

[@devgatling]

Amazing

[@nbaz3ntx164]

Remember GREAT THINGS TAKE TIME! Hodling on to Ethereum!

[@privatechannel1059]

I think would be easier if you put the videos that you recommend in the schedules, Or at least in the description

[@sebastianlam9391]

I'm new to Bitcoin and would like to invest. But I've got no idea on how to make real profits. Can someone please tell me how to go about it.

[@quinnlavoie2947]

I'm pretty new and feel I have much to lean before placing my first trade. Are you suggesting I lookup for an expert for trading guide.

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Yes but finding a high rated broker/expert to guide you isn't that easy.

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Hey, I heared of an expert called Tiffany they says she'd pretty good but I would really like to speak with her for guidance.

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I invested with Tiffany some time ago and made huge profits. I'm currently a 19k weekly package and the returns keeps coming. Honestly I felt like quieting my job and focus more on her trades.

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[@moarteapetrecerii]

I love how you explain things! Wish you the best🚀🚀🚀 Maybe one day you make a video about Elrond’s ADAPTIVE STATE SHARD technology. Those guy are able to build skyrockets💎🙌🏻😍🔥🚀🚀🚀🚀

[@garlicsoo1351]

Best video

[@FreedomForKashmir]

can you please also tell who actually make these updates and who authorise them to be used globally ?? I mean who decides that we are facing these problems in older version and agree upon solutions

[@7fg9sd8a9]

This is how forks are created. The creator of Etherum (Vitalik Buterin ) will release this update, and people will of course follow. You could keep mining the "old" etherum, but the question is, who would want it? It is no longer being developed and it is a dead-end. A good example is ETH-Classic

[@MARINE-ENGINEER]

Hello! Thanks for the informative video, hope you will touch on Flow blockchain pros & cons as well someday

[@Frank004]

nice thnx

[@matthewabraham5819]

Yo I’m listening to this with my speaker on by Bluetooth while taking a shit. The second I heard him talk about “sharding”, I thought that I could relate ✊🏾

[@pupfriend]

You're learning even while shitting. That's the way to do it!!

[@matthewabraham5819]

@@pupfriend Yessir! 🤩

[@flareb99]

"as high as $50" damn yall were living the good life with those low ass fees

[@yasufumithebest]

have no reason not to hit that Like Button.

[@meetjozo7993]

This is the best crypto channel. Thank you so much for hard work and providing useful info. I have only one question. What is your opinion will ETH be able to lower their fees? Fees on ETH are way higher than with ADA.

[@jalapenooo]

It will be very low than what is now

[@jarednotter1354]

Basically answered this question in the video. Eth2.0 will take transaction capacity from 15/s to potentially 100,000/s. If demand remains the same that's 5,000x reduction in fees. $50 fee would become $0.001.

[@j.fernandes6585]

@Whiteboard Crypto take your mic a little out of axis to prevent those puffs of air on plosives. Your content is amazing!

[@anteeko]

What about for those that own ETH on the old chain, are the ETH safe? do they need to move?

[@wolfganggermain7175]

Will that mean there will be more etherum available for grab and cause a drop in pricing?

[@Chris_Adams88]

i shared!!!!

[@jamesfehr1]

First, I know I know very little about etherium, but it would seem that this 2.0 is all about making it more efficient with more capacity. Yes? Seems overly complicated right now.

[@ulyssepvff]

Actually in ethereum 2.0 the hypothesis is to have less than 1/3 ''byzantine'' (malevolent in short) validators. So this is a stronger claim than having less than 1/2 malevolent 'mining power'.

[@daygo619ca]

Exactly the explanation I needed. How about a video on SOL?

[@WhiteboardCrypto]

Just finished the script late last night, stuff is so complicated

[@sebonyt8257]

@@WhiteboardCrypto Thank you so much for these videos, i'm hyped for the SOL one

[@will2see]

4:49 - What keeps you from getting "very technical"???

[@frankay5121]

Novice question here… Does this mean anyone who is currently invested in Ethereum as we know it on say Coinbase will automatically be shifted into ETH 2.0? Or is ETH 2.0 intended to be a completely separate entity?

[@jaany]

If you're just a user and holder of ETH you won't have to do anything. The current network will become one of the new 64 shards, basically just expanding the network, or adding more chains to the current one.

[@seanbrownsociety]

Will be automatically shifted

[@moonstone1651]

what does this sentence means that shards will allow storage and accessibility but will not execute the code??

[@cryptostevo]

At the time of making this video, shard chains were first. Now the Merge (Docking) is happening first. Q2?

[@iamnaveenshankar]

Brother, what happens to the eth I'm already holding after eth 2.0 releases? Can you please tell how/what happens?! 🥺

[@joser7376]

My boi, it just upgrades. Like how an app doesn’t delete when it updates. Your eth will just say eth2.0

[@dumpsterpsycho2894]

I’m already staking my ETH2

[@raedharbi3814]

Hi buddy, your content is awesome; keep goin' mate (F)

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@sergiouwh]

I don't quite understand how if we have 64 separate blockchains it will work? I mean, couldn't a transaction be made 64 times then? somebody could explain me please?

[@kapitalidea]

will this affect Polygon and Matic ???

[@user-fw4od6hw6i]

can anyone explain what is activate the High Value Channel qualification? i wanted to have transferred 46785 usdt and then failed they told me need to activate the High Value Channel qualification. and pay 20% of that what does that mean ?

[@OneforAllDigitalSongs]

Edward Kim -> “if you could help, why wouldn’t you?”

[@ianharding7818]

Sharding and docking, Etherum at least has a sense of humor

[@PeterAdiSaputro]

Simply stated, sharding similar to multithreading ?

[@christianhaubenwaller5249]

Hi Whiteboard, I love your videos!! But please could you make a video of ETH 2.0 affecting minig with ASIC miners after triple halving occours, what could be the impact of the minig business, greetings from Austria.

[@talhabytheway]

anyone with a node will be able to mine as you wont need asic or any heavy resource machienes you will just need stake of 32 ethers... you wil be able to pool stake too

[@banananince]

I wander what happen to polygon matic if eth2.0 release..?

[@jackleonard575]

Mr Hawkins Gary is the best,recommending him to all beginners who wants to recover losses like I did

[@nancysandoval8310]

My first experience with Mr Edward Richardson gave me the assurance that has made me to invest without fear if loosing

[@ruyoledmonton9012]

Having a strategy that ensures profit is the best you can do and that’s not for novice,lost over $12k trading on my own

[@wanzaaneann9414]

He is the best account manager,more thanks to him

[@lindawheeler1231]

Who is this professional everyone is talking about I always see her post on top comments on every KZbin videos I watched

[@kerrylim6058]

Bitcoin has generally proven to be profitable to numerous individuals around the world but personally you will never understand how profitable Bitcoin is until you start investing in the market

[@url4763]

Perfect

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@BlackZephyrReal]

$50 dollars on a singel transaction? That's sweet

[@alsjourney]

exactly LOL Now it goes up to millions

[@nomadshiba]

only bad thing about ETH 2.0 is proof of stake proof of work is a great way to store energy, which is a really cool concept sad thing is ETH 2.0 gonna be faster because its just gonna have async chains with sync points on the main chain, but everyone is gonna think and say its faster because of proof of stake

[@williamschnl]

we're on 1.5 now

[@artemmorgunov1651]

I did not understand the difference between sharding and docking. I understood the 63 highway lanes but not the difference between these words

[@matekutasi1015]

I know im really stupid to this, thats why i ask... soo if this finishes the normal eth is just gone?

[@tijofred]

Wait wait wait.. if the mega blockchains doesnt support smart contract, what will happens with all the nft stuff??? (New to crypto)

[@ralphasam]

Can you do a video on Avalanche?

[@draemiller478]

Sharting is when you fart but you sh*t yourself 😆

[@tommyimmanuel1357]

grae@t ❤️

[@rushinlele6104]

fuck i love this chanel

[@ammarnapata2193]

Do Shiba next please

[@SimonSozzi7258]

Just to be clear...You said SHARTING right? 👍

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@jqmichael13]

Appreciate these vids so much! Really helping someone new to this. What I don't understand is what will happen to the original Ethereum value? Can someone help clue me in? If I understand the video correctly and the original ethereum just becomes one of the 64 lanes, does that mean both will continue to exist until the original Ethereum becomes obsolete?

[@je9625]

The Ethereum chain NOT the Eth coin becomes one of the new 64 lanes. The coin is a currency on the chain.

[@arbeboy4537]

throw an eye on Elrond Network...thats all i will say.

[@tarassavchenko2317]

I don't understand why you say that ETH will move to Proof Of Stake after 2022, what is about London hardfork in August?

[@jean-marcm9730]

not PoS after the london hard folk

[@brianyou2]

Great channel and informative but i have a suggestion to the channel.. Make it 4 to 5 mins long.. I know i know ur being very detail but just make more video! 9 mins of important information is too long!

[@zionlinopli990]

Oja coin is biggest crypto currency project this year and this is own blockchain technology coin.

[@yatarookayama8329]

in September 2022 The Ethereum 2.0 is coming , meaning will after that be able to put your Eth crypto in staking to gain more and the price will reach again above $ 3000 !

[@cosmogang]

SHAARRRDDDIIINNNGGG 😂

[@andrewjaramillo]

👍

[@pinedbywhiteboardcrypto6125]

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

[@TristenGrey]

Sharting?

[@IkaikaArnado]

Coordinator, directed acyclic graph, immense scalability? ...sounds like Iota.

[@mateoramos2752]

The should change to prove of history