Launch of Ethereum 2.0 Scheduled for Early January 2020 - 0 views
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block_chain_ on 28 Jun 19The first transition stage of the Ethereum network is termed as 'Phase Zero.' It transitions from a proof-of-work to a proof-of-stake consensus algorithm. The block validation function will be passed on from miners to special network validators. Since the inception of the network, developers have been looking ahead to a transition to the proof-of-stake consensus model which has been dubbed as 'Serenity.'