Ethereum 2.0 Upgrades Explained - Sharding, Beacon Chain, Proof of Stake (Animated)

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Ethereum 2.0 has some major updates coming and we are here to explain them to you in an easy-to-understand way.
Sharding: Eth 2.0 is adding 63 shard chains to help scale the network so it can process more transactions and data at a faster speed, which means lower fees!
Beacon Chain: The beacon chain is the heart of the upgrade, it is a mega chain controlling all the shards, as well as doing some other important things
Proof of Stake: This is the way we will decide who gets to add the next block to the chain - instead of working really hard, we are going to pick people who lock up their Eth and randomly select them so it's more fair and eco-friendly

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6 окт 2024

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Комментарии : 257

@SHIBPlanet 3 года назад

I've been binging your content since it first got recommended to me. Very well prepared and explained! Bravo! And props for being consistent with the animations; I know it can be tiring researching, preparing script, V/O, then animating, coz I once did a 38min vid in the same style and got burnt out big time! You'll do well in this space bro! :-)

@WhiteboardCrypto 3 года назад

Thanks for the appreciation! I'll check out your channel and the Shib token :D

@Jakob123999 3 года назад

Same!

@sixpacksworkoutmusic9136 3 года назад

Same to love ur channel

@sairaqureshi6858 16 дней назад

the way of explaining is outstanding

@getmeontvnow 3 года назад

Finally , an explanation of proof of stake that an old guy can understand. Well done!

@pinedbywhiteboardcrypto6125 3 года назад

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@Diegtz555 2 года назад

Eth2.0 will be a great improvement and combined with rollups, will allow to ethereum to scale massively.

@nickelgamer5806 3 года назад

Bitcoin may be the godfather of crypto, but ethereum is definitely the prodigal son! Another amazing video, and congrats on getting so close to 3k subs!

@nickelgamer5806 3 года назад

Now y'all at 3k! I'm so happy that this community has grown and will continue to grow!

@almostcertainlynotapotato6528 2 года назад

This comment is 3 months old- so does that mean Whiteboard Crypto went from 3k to 255k IN 3 MONTHS!

@JunoMusonda 2 года назад

Lol did he just saw 3k?? Insane growth! Congrats dude 👏🏿👏🏿

@himanshubankar9832 2 года назад

After 5 months they have 479 subscribers 🔥, from 3k to 479k in 5 months

@bobbydelrio7197 2 года назад

Your channel is brilliant.

@jaredneal5588 2 года назад

This video has the best ratio I’ve ever seen

@Tibetan-Phosar 2 года назад

Can't explain better than this. Learning a lot from this channel.

@MrVara411 2 года назад

You're the BEST, man. Happy to support all your hard work.

@chaymaaettazi2898 2 года назад

I appreciate the hard work in your channel, thank you for simplifying things!

@sebastianlam9391 2 года назад

I'm new to Bitcoin and would like to invest. But I've got no idea on how to make real profits. Can someone please tell me how to go about it.

@quinnlavoie2947 2 года назад

I'm pretty new and feel I have much to lean before placing my first trade. Are you suggesting I lookup for an expert for trading guide.

@adamfred7014 2 года назад

Yes but finding a high rated broker/expert to guide you isn't that easy.

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Hey, I heared of an expert called Tiffany they says she'd pretty good but I would really like to speak with her for guidance.

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I invested with Tiffany some time ago and made huge profits. I'm currently a 19k weekly package and the returns keeps coming. Honestly I felt like quieting my job and focus more on her trades.

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I stumbled across recommendtions and testimonies of people expert Tiffany has helped, and I decided to try her out...my 11th weekly return is currently on its way.

@finance_amplified Год назад

Excellent Efforts. Please keep making more of these.

@smilingbutdeadinside2073 2 года назад

just love the way you explain things in simple terms!! :)

@joe7272 2 года назад

sharding is going to be the foundation to a decentralized ETH future!!!! This solves the problem of interoperability with intermittent internet access, especially if updates are highly compressed data. A town could only need an hour or two of internet daily to update their coins.

@jerplejanie5249 2 года назад

these videos are SO good. THANK YOU!

@nassssssou 2 года назад

Very good video as usual , you just forgot to quickly mention the difficulty mining bomb with EIP-4345 (which is important in this process) . Much love and thanks for all the good work you doing . ❤

@wiseguysavant 2 года назад

what happens to the old ethereum?

@dylanmaliska7343 2 года назад

I have been watching every one of your videos all in a row from the first to last

@kidsofelmstreet5832 3 года назад

Just discovered your channel and I love it. Great work on making everything easy to understand.

@nassernathan 2 года назад

Your videos are better than guy's in explaining crypto concepts because their short guy's videos are too long which is frustrating

@Moonknight8878 Год назад

Great explanation.Thanks

@jackleonard575 2 года назад

Mr Hawkins Gary is the best,recommending him to all beginners who wants to recover losses like I did

@nancysandoval8310 2 года назад

My first experience with Mr Edward Richardson gave me the assurance that has made me to invest without fear if loosing

@ruyoledmonton9012 2 года назад

Having a strategy that ensures profit is the best you can do and that’s not for novice,lost over $12k trading on my own

@wanzaaneann9414 2 года назад

He is the best account manager,more thanks to him

@lindawheeler1231 2 года назад

Who is this professional everyone is talking about I always see her post on top comments on every RU-vid videos I watched

@kerrylim6058 2 года назад

Bitcoin has generally proven to be profitable to numerous individuals around the world but personally you will never understand how profitable Bitcoin is until you start investing in the market

@nazdumanskyy 2 года назад

I am excited for Eth 2.0!

@nebsonne3689 3 года назад

Great stuff as always. Thanks buddy

@amirdashti 2 года назад

03:51 -> we pick one runner -> In short: The change is to make rich insiders richer by biasing towards people who ALREADY HAVE 32 ETH, developers WHO CREATED IT and exchange sites who already have coin

@HoneyBoyOG 2 года назад

Lol glad you clarified that it’s “sharding” instead of something else that sounds eerily similar 😆

@JFBernier 2 года назад

Very well explained. You got my thumbs up and subscription ! Technical note : the room you are recording in has a lot of echo. Use foam tiles or hang drapes to improve the quality of your audio, especially if you are recording facing a wall ;)

@GOGOJO5 3 года назад

Easy to understand, Thanks !

@nbaz3ntx164 2 года назад

Remember GREAT THINGS TAKE TIME! Hodling on to Ethereum!

@salparadise5930 3 года назад

Awesome content. Thanks for your efforts and keep up the good work

@iirokajander6664 2 года назад

Really well explained! Thank you🙏

@DaveNougalMusic 2 года назад

fantastic video!

@Diamondpigman01 3 года назад

Loving these videos

@zhaojing1574 3 года назад

I think so too

@abderrahimanejjar91 2 года назад

Great job, thank you for your work!!

@neilclay5835 3 года назад

Nice job guys. Very interesting, thanks.

@zhaojing1574 3 года назад

I think so too

@jessesoto6150 2 года назад

Great stuff. Well done!!

@matthewabraham5819 2 года назад

Yo I’m listening to this with my speaker on by Bluetooth while taking a shit. The second I heard him talk about “sharding”, I thought that I could relate ✊🏾

@pupfriend 2 года назад

You're learning even while shitting. That's the way to do it!!

@matthewabraham5819 2 года назад

@@pupfriend Yessir! 🤩

@dna3169 3 года назад

Newly subscribed today , Love these videos ..... thank you !!!!

@ericgoh99 3 года назад

Nice work. Thanks for the information.

@pinedbywhiteboardcrypto6125 3 года назад

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@dapperdon2240 2 года назад

Love your videos very helpful! thank you!

@SzTz100 3 года назад

Superb explanation.

@yasufumithebest 2 года назад

really nice video, explain everything we need to know.. gj.

@hannahadams3507 2 года назад

Thank You Dear

@HarryFatty 3 года назад

Easy to Digest! Thank you!

@pinedbywhiteboardcrypto6125 3 года назад

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@consultingfirm7813 3 года назад

Love this channel keep up the great work

@pinedbywhiteboardcrypto6125 3 года назад

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@devgatling 2 года назад

Amazing

@moarteapetrecerii 3 года назад

I love how you explain things! Wish you the best🚀🚀🚀 Maybe one day you make a video about Elrond’s ADAPTIVE STATE SHARD technology. Those guy are able to build skyrockets💎🙌🏻😍🔥🚀🚀🚀🚀

@j.fernandes6585 2 года назад

@Whiteboard Crypto take your mic a little out of axis to prevent those puffs of air on plosives. Your content is amazing!

@flareb99 2 года назад

"as high as $50" damn yall were living the good life with those low ass fees

@garlicsoo1351 2 года назад

Best video

@yasufumithebest 2 года назад

have no reason not to hit that Like Button.

@FreedomForKashmir 2 года назад

can you please also tell who actually make these updates and who authorise them to be used globally ?? I mean who decides that we are facing these problems in older version and agree upon solutions

@7fg9sd8a9 2 года назад

This is how forks are created. The creator of Etherum (Vitalik Buterin ) will release this update, and people will of course follow. You could keep mining the "old" etherum, but the question is, who would want it? It is no longer being developed and it is a dead-end. A good example is ETH-Classic

@OneforAllDigitalSongs 2 года назад

Edward Kim -> “if you could help, why wouldn’t you?”

@jamesfehr1 2 года назад

First, I know I know very little about etherium, but it would seem that this 2.0 is all about making it more efficient with more capacity. Yes? Seems overly complicated right now.

@privatechannel1059 2 года назад

I think would be easier if you put the videos that you recommend in the schedules, Or at least in the description

@nomadshiba 2 года назад

only bad thing about ETH 2.0 is proof of stake proof of work is a great way to store energy, which is a really cool concept sad thing is ETH 2.0 gonna be faster because its just gonna have async chains with sync points on the main chain, but everyone is gonna think and say its faster because of proof of stake

@meetjozo7993 3 года назад

This is the best crypto channel. Thank you so much for hard work and providing useful info. I have only one question. What is your opinion will ETH be able to lower their fees? Fees on ETH are way higher than with ADA.

@jarednotter1354 2 года назад

Basically answered this question in the video. Eth2.0 will take transaction capacity from 15/s to potentially 100,000/s. If demand remains the same that's 5,000x reduction in fees. $50 fee would become $0.001.

@brianyou2 2 года назад

Great channel and informative but i have a suggestion to the channel.. Make it 4 to 5 mins long.. I know i know ur being very detail but just make more video! 9 mins of important information is too long!

@macmuffin1865 3 года назад

Amazing!

@daygo619ca 3 года назад

Exactly the explanation I needed. How about a video on SOL?

@WhiteboardCrypto 3 года назад

Just finished the script late last night, stuff is so complicated

@sebonyt8257 3 года назад

@@WhiteboardCrypto Thank you so much for these videos, i'm hyped for the SOL one

@katrinaspencer9383 2 года назад

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Her specific instructions is so impressive. With my 4k deposit I made a profit of over $28,800 US dollars according to those instructions

@cliffordlarry5983 2 года назад

Expert Mrs Betty Harris has aided so many newbies including myself. I've 12wins from forex trade with her help. Thanks to her strategies, she's really the best. I've made $16,400 in 18days working with her.

@FrancoiseSensibaugh 15 дней назад

Appreciate the detailed breakdown! 🧐 I have a quick question: 🤷‍♂️ I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Can someone explain what this is? 😅

@PeterAdiSaputro Год назад

Simply stated, sharding similar to multithreading ?

@ianharding7818 2 года назад

Sharding and docking, Etherum at least has a sense of humor

@will2see 2 года назад

4:49 - What keeps you from getting "very technical"???

@hardcoretrance3435 20 дней назад

Good point

@ulyssepvff 2 года назад

Actually in ethereum 2.0 the hypothesis is to have less than 1/3 ''byzantine'' (malevolent in short) validators. So this is a stronger claim than having less than 1/2 malevolent 'mining power'.

@BlackZephyrReal 2 года назад

$50 dollars on a singel transaction? That's sweet

@alsjourney 2 года назад

exactly LOL Now it goes up to millions

@Frank004 2 года назад

nice thnx

@Simonjose7258 3 года назад

Just to be clear...You said SHARTING right? 👍

@pinedbywhiteboardcrypto6125 3 года назад

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@Chris_Adams88 2 года назад

i shared!!!!

@zionlinopli990 2 года назад

Oja coin is biggest crypto currency project this year and this is own blockchain technology coin.

@moon_shot_alts 2 месяца назад

1:56 I have a question. Do 51% attacks really need 51% of miners to agree on something? isn't is more than 50%? so even 50.000001% will work right?

@artemmorgunov1651 2 года назад

I did not understand the difference between sharding and docking. I understood the 63 highway lanes but not the difference between these words

@christianhaubenwaller5249 2 года назад

Hi Whiteboard, I love your videos!! But please could you make a video of ETH 2.0 affecting minig with ASIC miners after triple halving occours, what could be the impact of the minig business, greetings from Austria.

@talhabytheway 2 года назад

anyone with a node will be able to mine as you wont need asic or any heavy resource machienes you will just need stake of 32 ethers... you wil be able to pool stake too

@iamnaveenshankar 2 года назад

Brother, what happens to the eth I'm already holding after eth 2.0 releases? Can you please tell how/what happens?! 🥺

@joser7376 2 года назад

My boi, it just upgrades. Like how an app doesn’t delete when it updates. Your eth will just say eth2.0

@dumpsterpsycho2894 2 года назад

I’m already staking my ETH2

@moonstone1651 7 месяцев назад

what does this sentence means that shards will allow storage and accessibility but will not execute the code??

@IkaikaArnado 2 года назад

Coordinator, directed acyclic graph, immense scalability? ...sounds like Iota.

@MARINE-ENGINEER 2 года назад

Hello! Thanks for the informative video, hope you will touch on Flow blockchain pros & cons as well someday

@arbeboy4537 3 года назад

throw an eye on Elrond Network...thats all i will say.

@jQ_theeNHK 2 года назад

Appreciate these vids so much! Really helping someone new to this. What I don't understand is what will happen to the original Ethereum value? Can someone help clue me in? If I understand the video correctly and the original ethereum just becomes one of the 64 lanes, does that mean both will continue to exist until the original Ethereum becomes obsolete?

@je9625 2 года назад

The Ethereum chain NOT the Eth coin becomes one of the new 64 lanes. The coin is a currency on the chain.

@cryptostevo 2 года назад

At the time of making this video, shard chains were first. Now the Merge (Docking) is happening first. Q2?

@MyMindOvetMatter 3 года назад

Perfect

@pinedbywhiteboardcrypto6125 3 года назад

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@kapitalidea 2 года назад

will this affect Polygon and Matic ???

@banananince 2 года назад

I wander what happen to polygon matic if eth2.0 release..?

@williamschnl 2 года назад

we're on 1.5 now

@avaljane2764 2 года назад

Mrs Olivia is legit and her method works like magic I keep on earning every single week with her new strategy

@bradonjimmy4089 2 года назад

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@bradonjimmy4089 2 года назад

She helped me recover what I lost trying to trade my self

@terryroger2356 2 года назад

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Olivia I think she is the best broker I ever seen

@dorothypaul55 2 года назад

I'm from Germany I used to take loan from the bank for surviver but after trading with expert Mrs Olivia she changed my financial status for real🇩🇪

@willieroy5367 2 года назад

expert mrs Olivia has been managing my trade for months and I keep making profit every week,made $9,130 last week

@frankay5121 2 года назад

Novice question here… Does this mean anyone who is currently invested in Ethereum as we know it on say Coinbase will automatically be shifted into ETH 2.0? Or is ETH 2.0 intended to be a completely separate entity?

@jaany 2 года назад

If you're just a user and holder of ETH you won't have to do anything. The current network will become one of the new 64 shards, basically just expanding the network, or adding more chains to the current one.

@seanbrownsociety 2 года назад

Will be automatically shifted

@wolfganggermain7175 2 года назад

Will that mean there will be more etherum available for grab and cause a drop in pricing?

@tijofred 2 года назад

Wait wait wait.. if the mega blockchains doesnt support smart contract, what will happens with all the nft stuff??? (New to crypto)

@raedharbi3814 3 года назад

Hi buddy, your content is awesome; keep goin' mate (F)

@pinedbywhiteboardcrypto6125 3 года назад

Thanks for commenting, don’t forget to hit the subscribe button and notification bell 🔔 plus ①=⑧=⓪=④=③=⑨=⑥=③=①=③=⑤ what’sapp📩📩 for more information….

@Gigachad-mc5qz 2 года назад

I feel proof of stake is superior to proof of work

@bobderbobs1521 2 года назад

yes very secure... the ethereum fundation with nearly 70% premine transitions to proof of stake to have the possibility to validate most of the blocks. very trustworthy indeed

@jwebb90 8 месяцев назад

I like collecting the coins that I can get billions of for cheap. It gives me hope 😅

@draemiller478 2 года назад

Sharting is when you fart but you sh*t yourself 😆

@yanaghaee 11 месяцев назад

can anyone explain what is activate the High Value Channel qualification? i wanted to have transferred 46785 usdt and then failed they told me need to activate the High Value Channel qualification. and pay 20% of that what does that mean ?

@matekutasi1015 2 года назад

I know im really stupid to this, thats why i ask... soo if this finishes the normal eth is just gone?

@MrGaspari88 2 года назад

Hello, can you do a video on Pulsechain? new project of Richard Heart, it isnt out yet, but is a hard fork copy from entire etherium eco system, all coins and nfties. love to hear you opinion. thank you , keep doing amazing videos!