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Ethereum 2.0 Upgrade Detailed Explanation: Key Milestones in Network Evolution This article provides a comprehensive overview of the Ethereum 2.0 upgrade, highlighting the critical milestones in the network's evolution. Ethereum 2.0, also known as Serenity, is a major upgrade aimed at improving the scalability, security, and sustainability of the Ethereum blockchain. The upgrade involves a series of phased developments, including the transition from proof-of-work (PoW) to proof-of-stake (PoS), the introduction of shard chains, and the implementation of the Beacon Chain.  *Ethereum logo representing the blockchain network* The first phase, known as Phase 0, launched the Beacon Chain, which runs parallel to the existing Ethereum mainnet and introduces PoS consensus. This milestone marks the beginning of Ethereum's transition to a more energy-efficient and scalable network. Subsequent phases will focus on shard chains, which will increase transaction throughput by dividing the network into multiple parallel chains. These developments are crucial for supporting decentralized applications and future growth. In summary, Ethereum 2.0's upgrade is a significant step forward in blockchain technology, aiming to create a more robust, scalable, and sustainable platform for developers and users worldwide.