The Ethereum Foundation renames Eth1 as “execution layer” and Eth2 as “consensus layer” to “save all future users from navigating this confusing mental model”
Ethereum is a protocol undergoing significant changes. Client teams are upgrading the protocol …
The Ethereum Foundation has rebranded the terms “Ethereum 1.0” and “Ethereum 2.0” in order to avoid future confusion. • Eth1 → execution layer • Eth2 → consensus layer • Execution layer + consensus layer = Ethereum https://blog.ethereum.org/...
Eth2 is just a consensus layer now. My bet is that we will see a number of L1s with the new Ethereum's consensus layer, but faster finalization, block time, cheaper transaction, more decentralized, better token economy, faster release cycles https://blog.ethereum.org/...