Analyst believes Ethereum’s ETH 2.0 will bring the largest economic shift in crypto
BTC $6899 (-4.4%) • ETH $173 (-5.3%) • XRP $0.18 (-4.5%)
The upcoming release of Ethereum’s second iteration, ETH 2.0, has been highly contested, but one data analyst believes it could be the driving force behind the largest economic growth in society. Adam Cochran, a professor of information science at Conestoga College, said that Ethereum’s economic policy will result in a reduced supply and a drastically increased demand due to the attractive incentives from staking.
According to Cochran, the Phase 0 of Ethereum’s second iteration will be what gets the upcoming economic shift going. In a lengthy Twitter thread, the information science professor and former marketing executive at Dogecoin laid out some of the things that will happen once the Ethereum network becomes a proof-of-stake one.
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