Hello crypto lovers, when ETH will lauch ETH 2.0 where ETH will upgrade its system radically. In ETH 1.0, the network uses proof of work (PoW) but in the ETH 2.0 it will use the proof of stake(PoW) so the network will be more secure, more scalable, and more efficient.
In the ETH 2.0, the network will apply the shard chain. The effect is the process of transaction will be more quick rather than ETH 1.0.
In the other hand, as the main rival of ETH. Caradano also launches the proof of stake(PoS) with its Auroboros protocol. The Auroboros enable the network will be decentralized network. Cardano will apply the combination of the Proof of Work (PoW) and Proof of Stake(PoS).
In addition, Cardano will spread its wing to the African countries and the other developing countries this year.so, hopefully, the adoption of Caradano will be increased.
Based on the Coin Market Cap (CMC), the price of ETH today in 24 hours is $1.699,55. Rises up to 2,04%. In the other side, the price of Caradano is $0.5542, rises up to 10,87% in 24 hours.
Which one will be the winner in this competition? Let's wait and see.
