Countdown to Ethereum 2.0.

The first stage of Eth 2.0 will reduce energy consumption, allow the network to process more transactions, increase security and staking. Technically speaking, Ethereum will become a proof-of-stake blockchain and introduce shard chains. Eth 2.0 will primarily benefit the scalability, throughput, and security of the Ethereum public mainnet. Eth 2.0 will not eliminate any of the data history, transaction records, or asset ownership of the Ethereum 1.0 chain.

First part of Eth 2.0 coming soon! Phase 0 – Beacon Chain Phase 0 will start with the official launch of Beacon Chain. The objective of Phase 0 is to provide attestations and randomness for a shard block. With the launch of Phase 0 comes a new token, ETH2. Users of Ethereum will be able to convert to ETH2 (at a 1:1 ratio) via a registration contract (which effectively burns the ETH you used to hold). The community will have the option to stake 32 ETH2 on validator nodes