Could The Ethereum 2.0 Upgrade Lead To The Flippening?by@ASchreibman
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Could The Ethereum 2.0 Upgrade Lead To The Flippening?

July 4th 2020
5 min
by @ASchreibman 2,104 reads
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The second-largest cryptocurrency in the world is implementing a network upgrade, which completely changes its value proposition as a financial asset. One of the main criticisms of Cryptocurrencies from the investment community has been that they do not generate any future cash flows and hence can’t be considered as an investment. The release called Eth 2.0 or Casper proposes to introduce Proof of Stake consensus mechanism. In a PoS mechanism, the validators (known as “miners”) spend energy solving mathematical puzzles and get rewarded with Bitcoins for the work they have done.

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