Vitalik Buterin Stakes 3,200 ETH in Ethereum 2.0
The second generation of Ethereum, also known as Ethereum 2.0, is currently in development. Ethereum is moving over to Proof-of-Stake in order to circumvent the downsides of Proof-of-Work consensus designs. Proof of Stake (PoS) saves more energy, provides better performance and doesn’t need expensive hardware and equipment.