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Ethereum Upgrades its Upgrade – What is Casper Version 2?

Posted: Sat Jun 16, 2018 11:02 am
by kreslik.news

The long-anticipated Ethereum update known as ‘Casper FFG’ has been replaced by a hybrid update called ‘Casper v2’. It will combine two different kinds of upgrade – ‘sharding’ and ‘proof-of-work’. I will explain.

Explanation

Etherium is a blockchain that allows anyone to write and run their own smart contracts upon it. These can be used for all kinds of things – including designingcompetitorsto Ethereum. It is so popular and widely used that one unit of its cryptocurrency, ether, will set you back 500 dollars a piece at the moment.

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