Xu Zhifeng from Harbin Institute of Technology: The main goal of ETH2.0 is to eliminate the low TPS of ETH1.0.
July 8 15:00 Huobi Summit Dialogue Online, the second phase of AMA's "Wait for ETH2.0" series has begun. The essence of this number is "Ethereum 2.0, in fact, you should know". Ding Yuan includes Johnson, Principal Analyst at TokenInsight, Esther, ECN Ethereum China Community Manager, Xu Zhifeng, Senior Deputy Director, Blockchain Research Center at Harbin Institute of Technology and Huobi Lab. Xu Zhifeng introduced the advantages of ETH2.0 over ETH1.0 and compared three aspects: scalability, security, and ease of installation, highlighting the advantages of ETH2.0 and ETH1. 0. From his point of view, ETH1.0 has ushered in a new era of blockchain as a pioneer of blockchain smart contract, but it also has some drawbacks. The main goal of ETH2.0 is to eliminate the low TPS limitations of ETH1.0, such as moving the connection from PoW to PoS and using sharding technology for ETH. It is estimated that after ETH2.0 is fully completed, performance will be improved, conversion time will be reduced from minutes to seconds, and scalability will be improved.
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