Current ethereum progress

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Eth1 clients will still be responsible for the creation of blocks, much like they are today. Therefore, the transaction ordering process will take place the same way, before the blocks are passed to Eth2 clients to finalize the bundled transactions. Pulse check The following is an overview of network activity on the Ethereum 2.

For more information about the metrics featured in this section, check out our explainer on Eth 2. Validated takes Divergence Ventures was caught exploiting airdrops from Ribbon Finance and other portfolio companies. While the tactic is often used by DeFi investors, the community is questioning the ethics of using confidential information and immediately dumping the governance token.

FTX also announced that it would be avoiding NFTs with royalty mechanisms for regulatory reasons, potentially creating demand for a fully decentralized NFT market. Perhaps the most obvious problem is that Ethereum needs to be able to handle more than transactions per second. But the upgrades also address some other problems with Ethereum today. The network at times of high demand leaves Ethereum expensive to use. Nodes in the network are struggling under the size of Ethereum and the amount of data their computers are having to process.

The original algorithm that underlaid Ethereum security and decentralization was energy intensive and needed to be greener. More on Ethereum energy consumption A lot of what's changing has always been on the Ethereum roadmap, even since But current conditions are making the need for the upgrades even greater. Explore the Ethereum vision How can I contribute to Ethereum upgrades?

You don't have to be technical to contribute. The community is looking for contributions from all kinds of skill sets. More The most active role you can play is to stake your ETH. Stake ETH You may also want to run a second client to help improve client diversity. Check out the consensus clients previously known as 'Eth2' clients If you're more technical, you can help catch bugs in the new clients. View the bug bounty program You can also weigh in on the technical discussions with Ethereum researchers at ethresear.

Visit ethresear. More The term 'Eth2' itself is being phased out, as it does not represent a single upgrade or new network. It is more accurately a set of multiple upgrades that all do their part to make Ethereum more scalable, secure, and sustainable.