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Learn Ethereum

You're reading from   Learn Ethereum A practical guide to help developers set up and run decentralized applications with Ethereum 2.0

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Product type Paperback
Published in Aug 2023
Publisher Packt
ISBN-13 9781804616512
Length 814 pages
Edition 2nd Edition
Languages
Concepts
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Authors (3):
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Dongying Song Dongying Song
Author Profile Icon Dongying Song
Dongying Song
Zhihong Zou Zhihong Zou
Author Profile Icon Zhihong Zou
Zhihong Zou
Xun (Brian) Wu Xun (Brian) Wu
Author Profile Icon Xun (Brian) Wu
Xun (Brian) Wu
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Toc

Table of Contents (24) Chapters Close

Preface 1. Part 1: Blockchain and Ethereum Basics
2. Chapter 1: Blockchain and Cryptocurrency FREE CHAPTER 3. Chapter 2: Ethereum Architecture and Ecosystem 4. Chapter 3: Decentralized Finance 5. Chapter 4: EVM-Compatible Blockchain Networks 6. Chapter 5: Deep Research and the Latest Developments in Ethereum 7. Part 2:Ethereum Development Fundamentals
8. Chapter 6: Fundamentals of Solidity 9. Chapter 7: Web3 API Fundamentals 10. Chapter 8: Developing Your Own Cryptocurrency 11. Part 3: Ethereum Development Fundamentals
12. Chapter 9: Smart Contract Development and Test Fundamentals 13. Chapter 10: Writing a Frontend to Build the NFT Marketplace DApp 14. Chapter 11: Ethereum Tools and Frameworks 15. Part 4:Production and Deployment
16. Chapter 12: Setting Up Ethereum Private Chain 17. Chapter 13: Deployment of Your DApps 18. Chapter 14: Building Ethereum Wallets 19. Chapter 15: Oracles, Technology, and Layer 2 in Practice 20. Part 5:Conclusion
21. Chapter 16: Conclusion 22. Index 23. Other Books You May Enjoy

Merging Eth1 and Eth2

Ethereum’s transition from the PoW consensus mechanism to the PoS consensus mechanism has been a long journey. It started with the beacon chain as a separate blockchain that operated under PoS, with the purpose of testing PoS. Although it has been live since December 2020, it didn’t process any Ethereum transactions until the merge in September 2022. The merge of the Eth1 chain and the Eth2 beacon chain will facilitate the transition to PoS and create a unified chain going forward. We will refer to the merged Eth1 and Eth2 as Ethereum going forward.

Merging Eth1 data into Eth2

The following is the pictorial view of how the unified chain looks after the merge. The merge is controlled by the difficulty bomb, which has been ingrained into the Eth1 protocol since 2015. As we discussed in Chapter 1, Blockchain and Cryptocurrency, difficulty is a mechanism to control the speed of new blocks being mined in a PoW-based blockchain. In Eth1, at a predefined...

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