Ethereum 2.0 [Danny Ryan]

<p>Source: <a href="https://www.listennotes.com/podcasts/epicenter-learn/danny-ryan-ethereum-dNF42A7tuiR/">https://www.listennotes.com/podcasts/epicenter-learn/danny-ryan-ethereum-dNF42A7tuiR/</a><br> <br><strong>Notes</strong></p><ul> <li>Eth 2<ul> <li>Beacon chain went live in Dec 2020</li> <li>4.5m eth locked </li> <li>Each validator 32 eth</li> <li>Validator job: randomness generation, finality, validator level transactions (attestations, deposits, onboarding)</li> </ul> </li> <li>The Merge<ul> <li>Eth1 has an application layer and a thin consensus layer (PoW)</li> <li>Post merge - beacon chain will drive applications going forward</li> <li>Eth2 keeps everything about Eth1 clients and swaps out the consensus</li> </ul> </li> <li>Why not fork?<ul> <li>difficulty bomb</li> <li>applications atop Eth are much more substantial now<p></p> </li> </ul> </li> </ul><p><br><strong>Transcript</strong><br> </p><p>[00:00:00] <strong>swyx:</strong> This week, we're diving into Ethereum and other cryptocurrencies. Don't worry, this isn't about to become a cryptocurrency podcasts, but I still think it's a pretty interesting topic. And there's a lot of interesting research that is not just price hype, but actually serious innovation in terms of distributed systems and crypto economics.  </p><p>[00:00:19] And I've been storing up a bunch of podcasts related to that, that I figured I would get through it now in one block.  </p><p>[00:00:25] So today I wanted to feature this conversation on the epicenter podcast with Denny Ryan, Danny is from the foundation and works on Eve too. And he explains what these two is what the merge is going to be like as well as what the incentives are for the community to stick together rather than have hard fork like they did last time with Eth classic.  </p><p>[00:00:43] <strong>Danny Ryan:</strong> Eth2 is a series of major consensus upgrades for Ethereum aimed to make the protocol more secure, more sustainable, and more scalable. And at the core of that is the move from proof of work con