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Benzinga
Benzinga
Business
Adrian Zmudzinski

Ethereum 2.0 Is No More, But Not Like You May Think

Ereum Foundation

The Ethereum Foundation — the non-profit largely responsible for guiding the development of the software underlying the Ethereum (CRYPTO: ETH) blockchain — announced that there will not be an ETH 2.0 anymore, but not in the way you might expect.

What Happened: In a recent update on its website dedicated to Ethereum protocol upgrades, the Ethereum Foundation notes that the term "Eth2" "is being phased out in preparation for the merge." The foundation wants to do away with the word, since it puts a distinction between two protocols that are about to become one single platform.

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