Ethereum’s long-awaited transition to the proof-of-stake (PoS) consensus mechanism is touted to be the biggest event on the cryptocurrency markets in 2022. The highly-anticipated upgrade, known as Ethereum 2.0, is expected to help the second biggest cryptocurrency by market cap achieve its long-term sustainability goals in terms of scalability and adoption. Industry experts expect Ethereum 2.0 to make ether (ETH) more attractive by reducing its circulating supply and making it “net-deflationary”. On the flip side, Ethereum 2.0 is not expected to immediately address the network’s high gas fees. We take a look at ... (full story)