HUGE NEWS! Coinbase May IPO in the Next 5 Months | Bitcoin News Summary July 13, 2020

Coinbase is exploring listing on the US stock market, and will host its first-ever investor day in August. Before we conclude, this week’s “Bitcoin quick question” is what is Ethereum 2.0 and what are the updates it brings?.

Ethereum has been confronting severe scalability problems that have led to network overload, high transaction fees and an exodus of developers. Therefore, the remaining Ethereum developer community decided to switch from Proof of Work, which is the current network protocol, to Proof of Stake, and to implement a technique called Sharding.

Timeline of Ethereum