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Vitalik Buterin clears speculations around the postponement of the ETH 2.0 upgrade

source-logo  coingape.com 05 January 2022 10:12, UTC

The Ethereum network is slated for its biggest upgrade in 2022 as it moves from a Proof-of-Work (PoW) mining consensus towards Proof-of-Stake (PoS) one. The official page for Ethereum 2.0 suggests the imminent move to PoS could take place by the second quarter of 2022. However, due to continuous delays since the beginning of the project, rumors started to circulate in the Chinese social media that ETH 2.0 upgrade might get delayed by another year.

coingape.com